Unum Group price target lowered to $56 from $59 at Jefferies

Jefferies analyst Suneet Kamath lowered the firm’s price target on Unum Group (UNM) to $56 from $59 and keeps a Buy rating on the shares. to $25 from $23 and keeps a Buy rating on the shares. The firm is still constructive on U.S. life insurance names post Q3 earnings and updated EPS estimates, price targets and stock rankings for the group. Corebridge (CRBG) is now the analyst’s top pick, versus Unum previously.