Piper Sandler Maintains Overweight on Voya Financial, Lowers Price Target to $83
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst John Barnidge maintains an Overweight rating on Voya Financial (NYSE:VOYA) but lowers the price target from $84 to $83.
August 04, 2023 | 1:50 pm
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Piper Sandler has lowered the price target for Voya Financial from $84 to $83 while maintaining an Overweight rating.
The news is directly about Voya Financial and its price target being lowered by Piper Sandler. This could potentially impact the stock's price as it indicates a slight decrease in the expected value of the stock. However, the Overweight rating suggests that the analyst still believes the stock will outperform its sector, which could mitigate any negative impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100