Unum Group price target lowered to $102 from $104 at Wells Fargo

Wells Fargo analyst Elyse Greenspan lowered the firm’s price target on Unum Group (UNM) to $102 from $104 and keeps an Overweight rating on the shares. With guidance from most companies in Q4, the firm is generally reducing its EPS estimates as guides were in-line to below consensus expectations for most companies. Wells is also rolling valuation methodologies to 2027 EPS and rolling out new 2028E EPS estimates for companies.