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Unum Group price target raised to $97 from $95 at Wells Fargo

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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