Piper Sandler Reiterates Overweight Rating on Voya Financial (VOYA)

Piper Sandler analyst John Barnidge reiterated an Overweight rating and $84.00 price target on Voya Financial (NYSE: VOYA).

The analyst commented, "On 9/4/24, after the market closed, VOYA announced Mike Katz had been named CFO effective 1/1/25, replacing Don Templin who decided to retire after first joining the company in that role in November 2022. Mike Katz has been with VOYA and predecessor companies for more than 20 years, currently serving as EVP of Finance and a member of its Executive Committee. Previously, Mike Katz held the position of Chief Strategy, Planning and Investor Relations Officer and from 2018 to 2020 was SVP, Head of Investor Relations and Enterprise Financial Planning and Analytics. He has also served as CFO for VOYA’s Annuities, Individual Life and Employee Benefits businesses. Given breadth and depth of experience by VOYA’s new CFO both in the businesses of the company and leading the investor relations effort, we believe the new CFO announcement will be well-received by the investment community."

For an analyst ratings summary and ratings history on Voya Financial click here. For more ratings news on Voya Financial click here.

Shares of Voya Financial closed at $71.07 yesterday.

You May Also Be Interested In

• J Capital Research cautious on Microchip: 'riding high on AI hype but looks weak'
• Chemours reaches $450M settlement over PFAS pollution at four sites
• NTSB considering probing Tesla Texas crash - Homendy