Truist analyst Mark Hughes raised the firm’s price target on Unum Group to $57 from $54 and keeps a Buy rating on the shares after its Q4 results. The company appears to be firing on all cylinders with solid performance in sales, benefits expense, and capital generation, while its management also indicates that the problematic long-term care block should require no further capital injections, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on UNM: