Wells Fargo Maintains Overweight on Unum Gr, Raises Price Target to $64
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Elyse Greenspan has maintained an Overweight rating on Unum Group (UNM) and increased the price target from $61 to $64.
February 01, 2024 | 1:21 pm
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POSITIVE IMPACT
Wells Fargo has maintained an Overweight rating on Unum Group and raised the price target from $61 to $64.
The increase in price target by a reputable analyst such as Elyse Greenspan from Wells Fargo is a strong positive signal for Unum Group. It suggests confidence in the company's future performance and potential for stock price appreciation. This is likely to be viewed positively by investors and could lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100