Morgan Stanley raised the firm’s price target on Voya Financial (VOYA) to $91 from $90 and keeps an Overweight rating on the shares. The firm said its price target changes for the Life Insurance sector reflect tailwinds from higher equity markets and headwinds related to Fed cuts.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VOYA:
- Workday Stock (WDAY) Falls despite Fresh Partnership Deals
- Voya Financial joins Workday Wellness partner program
- Voya Financial’s Promising Turnaround and Growth Potential: A Buy Recommendation
- Voya Financial price target raised to $87 from $80 at RBC Capital
- Voya Financial price target raised to $90 from $89 at Morgan Stanley