Wells Fargo raised the firm’s price target on Principal Financial (PFG) to $73 from $69 and keeps an Underweight rating on the shares ahead of quarterly results. The firm says the focus should be on pricing, loss trend, and reserves for P&C companies, organic and margin for brokers, and sales/VII/capital for life companies.
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Read More on PFG:
- Principal Financial price target raised to $80 from $76 at Barclays
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