JP Morgan Maintains Underweight on Principal Finl Gr, Lowers Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jimmy Bhullar maintains an Underweight rating on Principal Financial Group (NASDAQ:PFG) and lowers the price target from $87 to $85.
October 06, 2023 | 2:20 pm
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JP Morgan analyst Jimmy Bhullar has lowered the price target for Principal Financial Group from $87 to $85, while maintaining an Underweight rating.
The lowering of the price target by a prominent analyst like Jimmy Bhullar from JP Morgan could negatively impact the stock price of Principal Financial Group in the short term. The Underweight rating suggests that the analyst believes the stock may underperform compared to other stocks.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100