Barclays Maintains Underweight on Principal Finl Gr, Raises Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Alex Scott maintains an Underweight rating on Principal Financial Group (NASDAQ:PFG) but raises the price target from $74 to $75.
October 09, 2024 | 2:51 pm
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Barclays analyst Alex Scott maintains an Underweight rating on Principal Financial Group but slightly raises the price target from $74 to $75.
The Underweight rating suggests a bearish outlook, but the slight increase in the price target indicates a marginally improved view. This mixed signal is likely to result in a neutral short-term impact on PFG's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100