BofA lowered the firm’s price target on Principal Financial (PFG) to $92 from $96 and keeps a Neutral rating on the shares. The firm adjusted price target among its U.S. insurance coverage to reflect Q4 events and changes to peer multiples.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PFG:
- Principal Financial price target raised to $94 from $92 at UBS
- Principal Financial price target lowered to $84 from $85 at Barclays
- Principal Financial re-initiated with a Market Perform at Keefe Bruyette
- Principal Financial Group to acquire DentaNet, terms not disclosed
- Principal Financial price target raised to $95 from $93 at Morgan Stanley