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Wells Fargo cuts Unum Group's target price but keeps a positive rating despite lower earnings.
Wells Fargo lowered its target price for Unum Group stock to $95.00 but maintained an "overweight" rating, suggesting a potential 28.70% upside.
Unum Group recently missed earnings estimates, reporting $2.03 per share versus the expected $2.14.
The company, which provides financial protection benefits like disability and life insurance, also announced a quarterly dividend of $0.42 per share, up 11.1% annually over the last three years.
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Wells Fargo reduce el precio objetivo de Unum Group, pero mantiene una calificación positiva a pesar de las ganancias más bajas.