Why Voya Financial's Stock Is Moving Higher Today

Voya Financial VOYA shares are trading higher on Tuesday after getting an upgrade.

JPMorgan analyst Jimmy Bhullar upgraded the stock from Underweight to Neutral and announced a price target of $58 per share.

Voya Financial operates as a retirement, investment, and employee benefits company in the U.S. The company's retirement segment offers tax-deferred employer-sponsored retirement savings plans and administrative services; and individual retirement accounts, and other retail financial products and financial services.

Voya Financial shares were trading up 4.04% at $41.70 on Tuesday at the time of publication. The stock has a 52-week high of $63.81 and a 52-week low of $29.75.