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Fly News Breaks for April 12, 2018
UNM
Apr 12, 2018 | 08:50 EDT
SunTrust analyst Mark Hughes lowered his price target on Unum Group to $62, citing general valuation pressure on the life insurance group. The analyst keeps his Buy rating however, noting that the favorable trend of fewer injured workers applying for government disability benefits that has been in place since 2011 has continued in Q1 and adding that the absolute number of monthly claims is down by nearly 30% in that time span.
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