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Fly News Breaks for June 20, 2018
VOYA
Jun 20, 2018 | 05:45 EDT
Goldman Sachs analyst Alex Scott reinstated coverage of Voya Financial with a Neutral rating and $60 price target. The analyst expects margin expansion over the next 12 months but believes this is largely reflected in consensus estimates and the stock's current valuation. A shifting focus towards growth provides less upside for earnings revisions, the analyst contends.
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