Wells Fargo Maintains Underweight on Prudential Financial, Raises Price Target to $92
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Elyse Greenspan maintains an Underweight rating on Prudential Financial (NYSE:PRU) and raises the price target from $89 to $92.
August 15, 2023 | 12:26 pm
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Wells Fargo maintains an Underweight rating on Prudential Financial and raises the price target to $92.
The Underweight rating maintained by Wells Fargo indicates a negative outlook for Prudential Financial. However, the increase in price target from $89 to $92 suggests some potential upside. The impact is likely to be negative in the short term due to the Underweight rating, but the raised price target may mitigate some of this negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100