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Keefe, Bruyette & Woods Reaffirms Market Perform Rating for CNO Financial Group (NYSE:CNO)
Keefe, Bruyette & Woods reaffirmed a “market perform” rating for CNO Financial Group (NYSE:CNO) with a $46 price target, indicating a potential 12.8% upside. This comes after CNO beat its quarterly EPS expectations, reporting $1.47 against a $1.20 consensus, with revenue up 4.2% year-over-year. Despite insider selling, institutional investors hold a significant 95.4% of the stock, and the consensus analyst rating remains “Hold” with an average target of $46.50.