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Fly News Breaks for January 9, 2018
VOYA, PFG
Jan 9, 2018 | 05:52 EDT
Wells Fargo analyst Sean Dargan downgraded Principal Financial to Market Perform with a $79 price target saying he now prefers Voya Financial (VOYA). After shedding its capital-intensive annuity businesses, Voya should look more like Principal over time, Dargan tells investors in a research note. He sees more upside in Voya at current valuation levels.
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