Wells Fargo has revised its price target for Globe Life (GL, Financial), reducing it slightly from $141 to $140. Despite this adjustment, the financial firm maintains an Overweight rating on the insurance company's shares. The assessment comes amid concerns related to tariffs which have slightly impacted the recent quarter's appeal.
Wells Fargo suggests that the primary focus moving forward will be on how Globe Life navigates the tariff environment and other broader economic conditions. This indicates that investors and stakeholders should pay close attention to the company's strategies in response to these macroeconomic challenges.
