Barclays analyst Alex Scott raised the firm’s price target on Prudential (PRU) to $124 from $118 and keeps an Equal Weight rating on the shares. The firm is “cautiously optimistic” on life insurers heading into 2026, saying capital strength, cash flow, and consolidation offset headwinds like spread compression and technology spend. Barclays adjusted ratings and price targets as part of its 2026 outlook.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PRU:
- Prudential price target raised to $120 from $110 at Piper Sandler
- Prudential Financial Unveils New Streamlined Leadership Structure
- Dollar General, BMY, PRU, MET, Snowflake Trending With Analysts
- Prudential initiated with a Neutral at Mizuho
- Prudential price target raised to $120 from $118 at Morgan Stanley