Unum Group price target raised to $90 from $75 at Truist

Truist raised the firm’s price target on Unum Group (UNM) to $90 from $75 and keeps a Buy rating on the shares after the company reported quarterly results. The firm increased its 2025 earnings per share estimate and established a 2026 forecast, supported by the company’s sustained topline growth and profitability along with its excess capital generation. Truist added that its increased price target is based on its outlook for Unum tot trade at 9.0x next year’s earnings, in line with the Life group average for the current year.