Lincoln National gains after Q4 profit beat

Shares of insurance firm Lincoln National LNC.N rise 7.32% to $41.32

Co posts adjusted Q4 operating income of $434 million or $2.21 per share, above analysts' estimates of $384 million or $1.90 per share - data compiled by LSEG

Reports life insurance operating income of $77 million, helped by lower mortality

Analysts of J.P. Morgan say LNC’s improved capital and depressed valuation could result in significant upside if macro conditions are favorable

3 of 14 analysts rate stock "strong buy" or "buy", 9 "hold" and 2 "sell" or "strong sell"; their median PT is $44 - data compiled by LSEG

Including session's move, LNC up 5.5% in the last 12 months