Barclays Maintains Equal-Weight on Principal Finl Gr, Lowers Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Tracy Benguigui has maintained an Equal-Weight rating on Principal Financial Group (NASDAQ:PFG) and lowered the price target from $76 to $75.

October 10, 2023 | 2:05 pm
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NEUTRAL IMPACT
Barclays has maintained an Equal-Weight rating on Principal Financial Group and lowered the price target from $76 to $75.
The news is directly about Principal Financial Group (PFG). Barclays' decision to maintain an Equal-Weight rating indicates a neutral outlook for the stock. However, the lowering of the price target could potentially have a slight negative impact, as it suggests that the analyst sees less upside potential for the stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100