Jackson Financial: Excellent Capital Position Can Support More Upside
JXNJackson(JXN) Seeking Alpha·2024-03-16 21:59
Andrii Dodonov Shares of Jackson National (NYSE:JXN) have been a tremendous performer over the past year, rising 70%. Elevated rates and rising equities continue to support results, and its capital position is now stellar. Since reiterating Jackson as a “strong buy” in December, shares have rallied a further 24%, bringing their return to nearly 60% since my initial piece in September. Shares now are within 10% of my $67 price target, and with additional financial results in hand, now is an opportune tim ...