UBS Maintains Neutral on Prudential Financial, Raises Price Target to $108
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Brian Meredith has maintained a Neutral rating on Prudential Financial (NYSE:PRU) and increased the price target from $97 to $108.

January 10, 2024 | 2:18 pm
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POSITIVE IMPACT
UBS has maintained a Neutral rating on Prudential Financial but raised the price target from $97 to $108, indicating a positive outlook on the stock's value.
The increase in price target by UBS suggests an improved valuation of Prudential Financial, which could lead to increased investor confidence and a potential short-term rise in the stock price. However, the Neutral rating indicates that the analyst does not see significant momentum beyond the revised target, which tempers the impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100