SAN FRANCISCO -- Lincoln National Corp. shares fell more than 2% Friday after Morgan Stanley analysts Nigel Dally and Hayley Locker downgraded the life insurance and annuity company. They cut Lincoln to equal-weight from overweight and removed their price target because the stock may not outperform rivals anymore. "There is no change in our fundamental view on the company: We continue to have a positive outlook on Lincoln's organic growth prospects and capital management opportunities," the analysts wrote in a note to investors. "However, with the stock trading within 10% of our previous price target of $33, we now expect future performance to be more in line with its peers." Better opportunities can be found in shares of rival insurers including Prudential Financial and Aflac Inc. . The analysts rate those stocks overweight. Lincoln shares declined 2.5% to $29.28 in morning action Friday.

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