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Prudential price target lowered to $99 from $105 at Piper Sandler

Piper Sandler analyst John Barnidge lowered the firm’s price target on Prudential (PRU) to $99 from $105 and keeps a Neutral rating on the shares. The firm notes the company announced that the 90-day sales suspension in Japan, discussed during the Q4 2025 earnings call for its POJ business unit, will be extended by an additional 180 days. Piper lowered its estimates to reflect the announced adjusted costs associated with remediation actions.

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