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Japan regulator said to broaden Prudential inspection, says Keefe Bruyette

Keefe Bruyette notes that a news report from Asahi Shimbun said that Japan’s FSA regulator plans to broaden its on-site inspection to the Prudential (PRU) Holdings of Japan parent company this month following the previously disclosed employee/sales misconduct issues identified by Prudential. The firm has a Market Perform rating and $106 price target on Prudential shares.

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