Morgan Stanley analyst Bob Huang raised the firm’s price target on Principal Financial (PFG) to $71 from $67 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.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PFG:
- Principal Financial price target raised to $87 from $86 at Keefe Bruyette
- Principal Financial price target lowered to $80 from $93 at UBS
- Principal Financial price target lowered to $86 from $88 at Keefe Bruyette
- Principal Financial price target raised to $69 from $68 at Wells Fargo
- Corporate America Slashing Costs As Tariff Uncertainty Abounds