Piper Sandler raised the firm’s price target on Unum Group (UNM) to $82 from $74 and keeps an Overweight rating on the shares. The firm updated models in the insurance space as part of a Q4 life insurance preview. The life insurance sector screens as relatively more attractively valued as a group than prior periods, 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: