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2026-10-23 18:19:22 - Translate -

Piper Sandler cuts Globe Life (GL) to Neutral as Medicare Supplement claims cloud its 2027 outlook

Piper Sandler moved Globe Life Inc. (GL) to Neutral from Overweight and cut its target to $165 from $200, citing medical claims and 2027 guidance after a quarter in which health benefits rose 19%. Piper Sandler downgraded Globe Life Inc. (GL) to Neutral from Overweight on Friday and cut its price target to $165 from $200, according to Investing.com. The firm said the insurer lost much of the...

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