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Wells Fargo downgrades Voya to Equal Weight, lowers price target to $76

Wells Fargo downgrades Voya to Equal Weight, lowers price target to $76

As previously reported, Wells Fargo downgraded Voya Financial (VOYA) to Equal Weight from Overweight with a price target of $76, down from $87. The firm notes Voya continues to see weaker-than-expected results within its Stop Loss business and as a result Wells believes its guidance for 2025 could fall short of Street expectations.

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