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Voya Financial price target raised to $87 from $85 at RBC Capital

RBC Capital analyst Mark Dwelle raised the firm’s price target on Voya Financial (VOYA) to $87 from $85 and keeps an Outperform rating on the shares. There were lots of things to like in Voya’s Q4, including strong organic growth in Investment Management, commercial momentum in Retirement segment, and strong excess capital generation, the analyst tells investors in a research note.

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