Prudential price target raised to $113 from $108 at Wells Fargo

Wells Fargo analyst Elyse Greenspan raised the firm’s price target on Prudential (PRU) to $113 from $108 and keeps an Equal Weight rating on the shares. The firm notes they are confident in intermediate financial targets, but would not provide quarterly updates. This EPS growth is off of a $13.67 normalized EPS base from 2024, Wells adds.