BUZZ-JP Morgan raises Globe Life PT on strong business trends

Reuters

2025/04/03

** JP Morgan raises PT on life insurer Global Life GL.N, citing strong business trends

** Brokerage raises PT to $145 from $136, a 9.7% upside on stock's last close on Tuesday

** JPM says GL's niche market focus, low-cost platform and steady capital deployment will drive growth over time

** 7 of 12 brokerages rate the stock "buy" or higher, 5 "hold"; their median PT is $142 - LSEG data

** Including session moves, stock up ~19% YTD

(Reporting by Prakhar Srivastava in Bengaluru)

((Prakhar.srivastava2@thomsonreuters.com))

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