Wells Fargo Maintains Equal-Weight on Principal Finl Gr, Lowers Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst James Carmichael has maintained an Equal-Weight rating on Principal Financial Group (NASDAQ:PFG) but lowered the price target from $78 to $72.
October 17, 2023 | 1:37 pm
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Wells Fargo has maintained an Equal-Weight rating on Principal Financial Group but lowered the price target from $78 to $72.
The lowering of the price target by Wells Fargo indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on PFG's stock price.
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