Voya Financial price target raised to $82 from $79 at Evercore ISI

Evercore ISI raised the firm’s price target on Voya Financial to $82 from $79 and keeps an Outperform rating on the shares after Voya announced it has entered into a definitive agreement to acquire OneAmerica Financial’s full-service retirement plan business. The firm’s initial view is that the deal for OneAmerica’s retirement plan business is “more similar to the VOYA acquisition of AGI, which we think has been a positive, than Benefitfocus, which has been more challenging,” the analyst tells investors.