Wells Fargo analyst Elyse Greenspan raised the firm’s price target on Principal Financial (PFG) to $74 from $69 and keeps an Underweight rating on the shares. The firm updated estimates in the life insurance group post the Q4 reports. Wells left the Q4 earnings favoring the more defensive names within the life sector. Its top life idea is Unum Group (UNM).
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Read More on PFG:
- Principal Financial price target raised to $92 from $90 at Keefe Bruyette
- Principal Financial price target raised to $93 from $90 at Piper Sandler
- Principal Financial Group Reports Strong 2024 Earnings
- Principal Financial’s 2024 Earnings Call Highlights
- Principal Financial price target raised to $80 from $77 at Barclays
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