Prudential price target lowered to $101 from $113 at Mizuho

Mizuho lowered the firm’s price target on Prudential (PRU) to $101 from $113 and keeps a Neutral rating on the shares. The firm adjusted estimates and targets among its North America insurance coverage, stating that it is most constructive on brokers, expects commercial pricing pressure moderation among property and casualty insurers and believes the setup for life insurers is “the most challenging.”