Truist raised the firm’s price target on Unum Group (UNM) to $75 from $70 and keeps a Buy rating on the shares after its Q3 earnings beat. The valuation on the stock also remains compelling at under 0.9 times book value or 7.5-times this year’s earnings, the analyst tells investors in a research note.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter