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Stock impact report

Prudential Financial, Inc. (PRU) in Focus as Wells Fargo Outlines Key Themes Across Insurance [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 January 13, Wells Fargo analyst Elyse Greenspan raised the firm's price target on Prudential Financial, Inc. (NYSE:PRU) to $115 from $113 and kept an Equal Weight rating on the shares. Heading into quarterly results for the insurance sector, the firm said attention should stay on a few key areas. For P&C insurers, pricing trends, loss development, and reserves remain front and center. For brokers, the focus shifts to organic growth and margins. Life insurers are being judged more on sales trends, capital levels, and forward guidance. Separately, a January 16 report from Reuters said the CEO of Prudential Financial's Japan life insurance unit will step down following revelations of employee misconduct. The company disclosed that around 100 employees were involved in improper activity totaling roughly 3.1 billion yen ($19.60 million), including cases of embezzlement. The Japan unit said 498 customers were affected by the newly uncovered issues. The misconduct included employee Show less Read more
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