UPDATE: Goldman Sachs Downgrades Unum Group (UNM) to Neutral

Goldman Sachs analyst Alex Scott downgraded Unum Group (NYSE: UNM) from Buy to Neutral with a price target of $50.00.

The analyst comments "We have also downgraded UNM to Neutral (from Buy) predicated on the strong performance relative to the S&P 500 which has captured much of the upside associated with the declining LTC reserve requirements."

For an analyst ratings summary and ratings history on Unum Group click here. For more ratings news on Unum Group click here.

Shares of Unum Group closed at $40.55 yesterday.

You May Also Be Interested In

• GLJ Research Downgrades Fluence Energy Inc. (FLNC) to Hold
• Seaport Global Securities Upgrades Analog Devices (ADI) to Buy, 'appears to be entering the sweet part of the cycle'
• Rubrik Inc (RBRK) PT Raised to $120 at Oppenheimer; Sees Another 'Beat and Raise'