B of A Securities Maintains Neutral on Principal Finl Gr, Lowers Price Target to $91
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Joshua Shanker maintains a Neutral rating on Principal Financial Group (NASDAQ:PFG) and lowers the price target from $94 to $91.

October 10, 2024 | 5:23 pm
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NEGATIVE IMPACT
B of A Securities has maintained a Neutral rating on Principal Financial Group and reduced the price target from $94 to $91, indicating a slightly less optimistic outlook.
The lowering of the price target from $94 to $91 by B of A Securities suggests a slightly less optimistic view on PFG's future performance. This could lead to a minor negative impact on the stock price in the short term as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100