Morgan Stanley Maintains Equal-Weight on Principal Finl Gr, Raises Price Target to $82
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Bob Huang maintains an Equal-Weight rating on Principal Financial Group (NASDAQ:PFG) and raises the price target from $81 to $82.
April 15, 2024 | 4:47 pm
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Morgan Stanley maintains an Equal-Weight rating on Principal Financial Group, raising the price target from $81 to $82.
The increase in price target by Morgan Stanley suggests a positive outlook on the stock, potentially leading to short-term price appreciation. The Equal-Weight rating indicates that the stock is expected to perform in line with the market or sector, but the raised target suggests slight optimism.
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IMPORTANCE 75
RELEVANCE 100