Seeking Alpha

StanCorp a Sell at Goldman

  • While not seeing a lot of downside for the stock, Goldman doesn't see much to the upside either, and downgrades StanCorp (SFG) to a Sell, after a 65% run higher over the last year.
  • Along with valuation, Goldman notes the company typically underperforms during H1 and says EPS misses are more likely.
  • FY2014 EPS is cut to $5.60 from $5.65.
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