A Buy rating has been generated in these circles for Lincoln Financial (NYSE: LNC), but there are qualifiers.
The value story? Lincoln, a financial management and life insurance company, appears to be stabilizing. Liquidity and capitalization concerns have been reduced as a result of Lincoln's recent 40-million-share, $15 per share offering. Further, chatter regarding a probable exercise of a greenshoe option of up to six million shares adds to the improving LNC story.
The value story? Lincoln, a financial management and life insurance company, appears to be stabilizing. Liquidity and capitalization concerns have been reduced as a result of Lincoln's recent 40-million-share, $15 per share offering. Further, chatter regarding a probable exercise of a greenshoe option of up to six million shares adds to the improving LNC story.
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