Morgan Stanley Maintains Equal-Weight on Unum Gr, Lowers Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Nigel Dally has maintained an Equal-Weight rating on Unum Group (UNM) but reduced the price target from $54 to $53.
November 15, 2023 | 2:52 pm
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Morgan Stanley has maintained an Equal-Weight rating on Unum Group but lowered the price target from $54 to $53.
The reduction in price target by a major analyst like Morgan Stanley could lead to a negative perception among investors, potentially causing a short-term dip in UNM's stock price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100