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UPDATE: McAdams Wright Ragen Downgrades StanCorp Financial Group to Hold on Limited Upside

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Morgan Stanley Lowers Price Target On StanCorp Financial Group As Disappointing Guidance Overshadows Strong Result
Earnings Scheduled For January 29, 2015

McAdams Wright Ragen reduced its rating on StanCorp Financial Group (NYSE: SFG) from Buy to Hold and suspends its previous $35 price target.

McAdams Wright Ragen noted, "We are lowering our rating to Hold from Buy as the stock is bumping up against our $35 target price. In the near term, we think SFG is likely to trade at a discount to book until it is successful in re-risking its group insurance book and improving returns. For those investors with a longer time horizon and the stamina to weather continued quarterly volatility, we think the shares remain an attractive portfolio holding."

StanCorp Financial Group closed at $34.61 on Wednesday.

Latest Ratings for SFG

DateFirmActionFromTo
Jan 2015DA DavidsonMaintainsHold
Oct 2014Sterne AgeeUpgradesNeutralBuy
Sep 2014Deutsche BankInitiates Coverage onHold

View More Analyst Ratings for SFG
View the Latest Analyst Ratings

Posted-In: McAdams Wright RagenAnalyst Color Downgrades Intraday Update Analyst Ratings

 

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