Morgan Stanley analyst Bob Huang raised the firm’s price target on Voya Financial (VOYA) to $88 from $86 and keeps an Overweight rating on the shares. Although the company continues to have near-term headwinds, the improvements thus far after Voya reset the go forward path post 2024 lead the firm to believe that the company “should be on solid footing to execute” on its Health Solutions rebound and maintain steady performance in Wealth Management and Investment Management, the analyst tells investors.
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