Lincoln National Corporation (LNC) Shares Rise 16.6% Over Year

Lincoln National Corporation (LNC) shares increased by 16.6% over the past year but are down 11.7% year-to-date. On June 24, LNC shares fell by 5% as the company announced a $500 million debt issuance for corporate purposes, including potential share buybacks. UBS set a new price target of $39, up from $37, maintaining a Neutral rating, while Morgan Stanley lowered its target to $40 from $43 with an Overweight rating. These developments inform investors about the company's current financial maneuvers and market position, impacting LNC's attractiveness for potential buyers.