Morgan Stanley raised the firm’s price target on Prudential (PRU) to $117 from $108 and keeps an Equal Weight rating on the shares. The firm is updating its price targets on stocks under its coverage in the Life Insurance sector, the analyst tells investors. Morgan Stanley notes core results held up well and a rebound is expected to occur in 2H25. Overall, valuation is attractive for the sector, the firm says.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PRU:
- Prudential Financial Holds Annual Shareholders Meeting
- Prudential price target lowered to $117 from $120 at Keefe Bruyette
- Prudential price target raised to $113 from $108 at Wells Fargo
- Prudential price target lowered to $109 from $110 at Piper Sandler
- Prudential Financial Reports First Quarter 2025 Earnings