SunTrust analyst Mark Hughes raised his price target on Voya Financial to $54 after a Q4 earnings beat, stating that the company's earnings call also reflected on the quarter's strong top-line momentum. The analyst further notes that the annuities divestiture, along with a lower tax rate, is leading to his raising the FY18 EPS target to $4.45 from $4.26. Hughes keeps his Hold rating, adding that the stock will face headwinds on the lost AUM from the annuities transaction despite generating cash to reinvest funds into less capital-intensive operations.