Unum Group shares are trading higher after the company reported better-than-expected Q2 adjusted EPS results and raised its FY24 after-tax adjusted operating income per share growth guidance. Also, JP Morgan maintained an Overweight rating on the stock and raised its price target from $64 to $65.
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Unum Group shares are trading higher after reporting better-than-expected Q2 adjusted EPS results and raising its FY24 after-tax adjusted operating income per share growth guidance. JP Morgan maintained an Overweight rating and raised its price target from $64 to $65.
July 31, 2024 | 3:16 pm
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Unum Group shares are trading higher due to better-than-expected Q2 adjusted EPS results and an increase in FY24 after-tax adjusted operating income per share growth guidance. Additionally, JP Morgan maintained an Overweight rating and raised its price target from $64 to $65.
The better-than-expected Q2 EPS results and raised FY24 guidance are positive indicators of the company's financial health and future performance. JP Morgan's maintained Overweight rating and increased price target further reinforce investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100