Jefferies analyst Suneet Kamath raised the firm’s price target on Principal Financial to $76 from $73 and keeps a Hold rating on the shares. The firm, which is re-ranking its Life Insurance coverage and laying out focal points for Q2 ahead of earnings, remains constructive on U.S. Life and notes it has increased ratings exposure to companies that are levered to its Demographic Asset Shift and Return of Retail theses.
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