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Stock impact report

Barclays Cuts Prudential (PRU) Target, Flags Sluggish Premium Growth [Yahoo! Finance]

Prudential Financial, Inc. (PRU) 
Last prudential financial, inc. earnings: 2/4 04:18 pm Check Earnings Report
US:NYSE Investor Relations: investor.prudential.com
Company Research Source: Yahoo! Finance
On April 8, Barclays lowered its price recommendation on Prudential Financial, Inc. (NYSE:PRU) to $110 from $119. It kept an Equal Weight rating on the shares. The firm adjusted targets across the insurance group as part of its Q1 preview. It said premium growth and broker organic growth “are likely to remain sluggish,” the analyst told investors in a research note. Barclays still expects solid margins and strong capital deployment to support reported book value growth in Q1. Earlier in March, the company said its Board of Directors appointed Andrew Sullivan, currently Chief Executive Officer, to the additional role of Chairman of the Board, effective March 10, 2026. Sullivan takes over from Charles Lowrey, who stepped down as Executive Chairman and director on March 10. Lowrey will stay on as a senior advisor through the end of the second quarter, when he is set to retire from the company. Over a 25-year career at Prudential, Lowrey held several leadership roles. He served as Ex Show less Read more
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