UPDATE: Deutsche Bank Raises PT on Unum on Increased P/E Valuation

In a Wednesday report, Deutsche Bank analyst Yaron Kinar maintained his Buy rating on Unum (NYSE: UNM ) and increased its price target from $27 to $31. Kinar wrote, "The increase reflects a new, higher P/B valuation, as our perception of Unum's capital impairment risk has evolved. It also reflects