JPMorgan Lowers Unum Price Target to $98.00 Amid Recent Earnings Report

Financial services provider Unum Group (NYSE:UNM) has seen its price target reduced by JPMorgan Chase & Co. from $101.00 to $98.00 in a recent report, according to MarketBeat.

The brokerage maintains a 'neutral' rating on the company's stock and indicates a potential upside of 8.24% from Unum Group's current price.

This is not the only revision made to Unum Group's price target recently; Keefe, Bruyette & Woods reduced their price objective on the company from $110.00 to $108.00 and set an 'outperform' rating in a research note on Thursday.

Unum Group reported its quarterly earnings data on Tuesday, July 28th, meeting analysts' consensus estimates of $2.16 EPS with $2.16 earnings per share.