News summaryStablecoin Development / NYSE American statement, reported by TipRanksOct 23, 2026, 12:00 PM
Piper Sandler downgrades Globe Life to Neutral and cuts price target to $165
On October 23, Piper Sandler analyst Paul Newsome downgraded GL from Overweight to Neutral and cut its target from $200 to $165 after Q3 results, saying the earnings report made Globe Life’s “predictable safe haven” profile less certain.