Citigroup Reiterates Buy on Voya Financial, Lowers Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Michael Ward has reiterated a Buy rating on Voya Financial (NYSE:VOYA) but lowered the price target from $90 to $85.
June 01, 2023 | 3:56 pm
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Citigroup analyst Michael Ward reiterated a Buy rating on Voya Financial (NYSE:VOYA) and lowered the price target from $90 to $85.
The news of Citigroup reiterating a Buy rating on Voya Financial is positive for the company, indicating that the analyst still believes in the stock's potential. However, the lowering of the price target from $90 to $85 may create some uncertainty among investors, potentially offsetting the positive sentiment. As a result, the short-term impact on the stock price is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100