Voya Financial price target raised to $80 from $70 at RBC Capital

RBC Capital raised the firm’s price target on Voya Financial (VOYA) to $80 from $70 and keeps an Outperform rating on the shares after its Q1 operating earnings beat. The key positive in Q1 would be improvement in group stop-loss business, and the firm is still anticipating a more normalized loss experience in 2026, the analyst tells investors in a research note. Strong institutional net flows in Investment Management were also notable, RBC adds.