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Voya Financial price target lowered to $79 from $86 at Wells Fargo

Voya Financial price target lowered to $79 from $86 at Wells Fargo

Wells Fargo analyst Elyse Greenspan lowered the firm’s price target on Voya Financial (VOYA) to $79 from $86 and keeps an Equal Weight rating on the shares. The firm updated estimates in the life insurance group post the Q4 reports. Wells left the Q4 earnings favoring the more defensive names within the life sector. Its top life idea is Unum Group (UNM).

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