Piper Sandler Maintains Neutral on Principal Finl Gr, Raises Price Target to $82
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst John Barnidge maintains a Neutral rating on Principal Financial Group (NASDAQ:PFG) and raises the price target from $75 to $82.
July 07, 2023 | 1:19 pm
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NEUTRAL IMPACT
Piper Sandler maintains a Neutral rating on Principal Financial Group and raises the price target from $75 to $82.
The news directly pertains to Principal Financial Group (PFG). Piper Sandler's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the increase in price target from $75 to $82 suggests a positive outlook in the longer term. This could potentially attract investors, but the immediate impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100