Barclays analyst Alex Scott lowered the firm’s price target on Prudential (PRU) to $117 from $120 and keeps an Equal Weight rating on the shares as part of a Q3 preview for the life insurance group. The firm remains optimistic around fee-based earnings and group benefits. It does not see Q3 actuarial review “causing much noise this year.”
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PRU:
- Prudential price target raised to $118 from $117 at Morgan Stanley
- Prudential Financial Appoints Joseph Wolk as New Director
- Prudential appoints Wolk to board of directors
- Prudential, LPL collaborate for Insurance Overlay retirement income strategy
- Wolfe Research launches coverage with positive view on Life Insurance names