Barclays raised the firm’s price target on Prudential (PRU) to $119 from $109 and keeps an Equal Weight rating on the shares as part of a Q2 earnings preview for the North America life insurance group. The firm says equity market strength has lifted long-term earnings and results in upward revisions to its 2026-2027 estimates. It recommends exposure to names with equity leverage and capital flexibility. Barclays highlights Jackson Financial (JXN) as a key Overweight.
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 Appoints Tom Stoddard as Director
- Affirm, PGIM expand capital partnership with $3B loan facility
- Prudential participates in a conference call with JPMorgan
- Prudential Financial: Balancing Risk Management and Growth Opportunities Amidst Global Challenges
- Prudential price target lowered to $110 from $122 at UBS