Unum Group price target raised to $104 from $98 at Wells Fargo

Wells Fargo analyst Elyse Greenspan raised the firm’s price target on Unum Group (UNM) to $104 from $98 and keeps an Overweight rating on the shares. Into quarterly results for the insurance space, the firm says the focus should be on pricing, loss trend, and reserves for P&C companies, organic and margin for brokers, and sales/capital/guidance for life companies.