Truist raised the firm’s price target on Unum Group (UNM) to $75 from $70 and keeps a Buy rating on the shares after its Q3 earnings beat. The valuation on the stock also remains compelling at under 0.9 times book value or 7.5-times this year’s earnings, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UNM: