Keefe, Bruyette & Woods Upgrades Principal Finl Gr to Market Perform, Lowers Price Target to $75
Portfolio Pulse from richadhand@benzinga.com
Keefe, Bruyette & Woods analyst Ryan Krueger has upgraded Principal Financial Group (NASDAQ:PFG) from Underperform to Market Perform and lowered the price target from $77 to $75.
June 09, 2023 | 8:21 am
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NEUTRAL IMPACT
Principal Financial Group (PFG) has been upgraded to Market Perform by Keefe, Bruyette & Woods, with a lowered price target of $75.
The upgrade from Underperform to Market Perform indicates a neutral outlook for PFG in the short term. However, the lowered price target from $77 to $75 suggests that the analyst believes the stock may not have significant upside potential. This news is directly related to PFG and is important for investors, but the neutral outlook results in a score of 0.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100