Keefe, Bruyette, & Woods Reiterates Outperform on Torchmark Corp. (TMK)

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

Keefe, Bruyette, & Woods is out with a research report this morning, where it reiterates its Outperform rating on Torchmark Corp. (NYSE: TMK); it has a $67.00 price target on the stock, up from $65.00. The KBW analysts said that the company’s recent earnings report left them “incrementally more confident that TMK is back to its old form; a company with strong and consistent profit margins that produces high-single digit EPS growth through the use of material share buyback.”They also announced that they are raising their 2010/2011 EPS estimates to $6.33/7.05 and their price target to $67 from $65.Torchmark, an insurance holding company, operates through several insurance subsidiaries and emphasizes affordable life and health products for the lower income, middle income, and senior markets.

Crypto Whales Are Loading Up — Are You?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!