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Fly News Breaks for March 26, 2018
VOYA
Mar 26, 2018 | 07:34 EDT
BofA/Merrill analyst Jay Cohen reinstated coverage of the U.S. Life insurance sector with a positive view, as he believes that the favorable macro backdrop, shifting product mixes, reasonable market conditions and restructuring should support solid performance for many in the sector. As part of that, he started Voya Financial with a Buy rating and $60 price target.
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