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Prudential price target raised to $113 from $111 at TD Cowen

TD Cowen analyst Andrew Kligerman raised the firm’s price target on Prudential (PRU) to $113 from $111 and keeps a Hold rating on the shares. The firm adjusted targets in the life insurance group as part of a Q4 preview. TD sees a “slight headwind” from lower alternative returns heading into the prints. It retains a balanced sector view.

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