Morgan Stanley Reiterates Underweight on Principal Finl Gr, Maintains $70 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Nigel Dally has reiterated an 'Underweight' rating on Principal Financial Group (NASDAQ:PFG), maintaining a $70 price target.
August 04, 2023 | 11:30 am
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Morgan Stanley has reiterated an 'Underweight' rating on Principal Financial Group, maintaining a $70 price target.
The 'Underweight' rating from Morgan Stanley suggests that they believe PFG's stock is expected to underperform compared to other stocks. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100