Morgan Stanley Maintains Equal-Weight Rating for CNO Finl Group: Here's What You Need To Know

Morgan Stanley has decided to maintain its Equal-Weight rating of CNO Finl Group CNO and raise its price target from $23.00 to $24.00.

Shares of CNO Finl Group are trading down 0.86% over the last 24 hours, at $21.89 per share.

A move to $24.00 would account for a 9.64% increase from the current share price.

About CNO Finl Group

CNO Financial Group is a holding company for a group of insurance companies that offers middle-income American consumers insurance and securities products through exclusive agents, independent producers, and direct marketing. Consumers are served through the phone, online, the mail, face-to-face with agents, or sales channels. The company's operating segments include annuity, health, and life insurance product lines as well as the investment and fee revenue segments. Maximum revenue is generated from the health product line segment. Annuity premiums account for most of the total premiums collected. Annuity products include fixed index annuities, traditional fixed-rate annuities, and single-premium immediate annuity products.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.