Wells Fargo analyst Elyse Greenspan raised the firm’s price target on Unum Group (UNM) to $97 from $95 and keeps an Overweight rating on the shares. The firm notes shares traded down owing to the earnings miss and weaker disability results in the quarter, even as management reinforced confidence for improving disability results over the rest of the year and reaffirmed its 2025 EPS growth target of 6%-10%.
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Read More on UNM:
- Unum Group price target lowered to $100 from $102 at Keefe Bruyette
- Positive Outlook for Unum Group Despite Q1 Challenges: Buy Rating Reaffirmed by Elyse Greenspan
- Unum Group’s Q1 2025 Financial Performance Overview
- Unum Group’s Earnings Call: Balancing Achievements and Challenges
- Unum Group reports Q1 EPS ex-items $2.04, consensus $2.19