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Principal Financial price target raised to $100 from $94 at Piper Sandler

Piper Sandler has raised the price targets for both Principal Financial and Prudential, reflecting a more favorable outlook for the companies due to gradual decreases in interest rates. Principal Financial's price target is now set at $100 while Prudential's has been increased to $120, with Piper maintaining an Overweight rating for Principal and a Neutral rating for Prudential.

Principal Financial price target raised to $100 from $94 at Piper Sandler

Credit: Yahoo

Key Highlights

  • Piper Sandler raised Principal Financial's price target from $94 to $100.
  • Piper Sandler maintains an Overweight rating on Principal Financial shares.
  • Prudential's price target was increased from $110 to $120 by Piper Sandler.
  • Piper Sandler holds a Neutral rating on Prudential shares.
  • The gradual drop in rates is positively impacting capital markets activity.
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Sources

  1. Principal Financial price target raised to $100 from $94 at Piper Sandler
  2. Prudential price target raised to $120 from $110 at Piper Sandler

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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