Morgan Stanley raised the firm’s price target on Principal Financial (PFG) to $95 from $93 and keeps an Equal Weight rating on the shares. The firm is updating its price targets for Insurance – Life/Annuity North America stocks under its coverage, the analyst tells investors. While Morgan Stanley is not concerned about life insurers’ exposure to private credit, the broader industry will likely feel pressure on their valuation.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PFG:
- Principal Financial files automatic mixed securities shelf
- Oracle upgraded, Workday downgraded: Wall Street’s top analyst calls
- Wells upgrades Principal Financial to Equal Weight after selloff
- Principal Financial upgraded to Equal Weight from Underweight at Wells Fargo
- Principal Financial Signals Confident 2026 After Strong 2025