Piper Jaffray Remains Sidelined on Torchmark Corp. (TMK) After Management Provides Additional 2016 Guide Details

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Go back to Piper Jaffray Remains Sidelined on Torchmark Corp. (TMK) After Management Provides Additional 2016 Guide Details

Piper Jaffray Cuts Price Target After Torchmark Corp. (TMK) Reports Mixed Results

February 4, 2016 8:00 AM EST

Piper Jaffray maintained a Neutral rating on Torchmark (NYSE: TMK), and cut the price target to $57.00 (from $58.00), following the company's 4Q earnings report. TMK reported 4Q EPS of $1.05, a penny below consensus. Upside from Life and Health offset the lack of Part D. Management determined that the Part D business met the... More