Why Athene's Stock Is Trading Lower Today

Athene Holding Ltd ATH shares are trading lower on Tuesday, after SunTrust Robinson Humphrey lowered its price target on the stock from $61 to $45.

Athene Holding is a retirement services company. It issues, reinsures and acquires retirement savings products designed for the increasing number of individuals and institutions seeking to fund retirement needs.

Athene Holding shares were trading down 6.83% at $25.15 on Tuesday. The stock has a 52-week high of $50.43 and a 52-week low of $13.37.

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