In a report published Friday, Morgan Stanley analyst Nigel Dally reiterated an Equal-Weight rating on CNO Financial Group CNO.
In the report, Morgan Stanley noted, “CNO provided a robust outlook at today's Investor Day, including increased confidence about the growth in core businesses and a higher ROE target driven by more aggressive capital management plans. However, we believe the positive outlook is largely reflected in the current valuation and we see potential upside in-line with peers.”
CNO Financial Group closed on Thursday at $17.85.
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