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Stock impact report

Prudential (PRU) Starts at Neutral as Mizuho Launches Broad Insurance Coverage [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 December 16, Mizuho analyst Yaron Kinar initiated coverage of Prudential Financial, Inc. (NYSE:PRU) with a Neutral rating and a $125 price target. The initiation was part of a broader launch covering 23 companies. This included six life insurers, 11 property and casualty insurers, and six insurance brokers. Mizuho expressed a preference for life insurers, noting that the group appears undervalued despite ongoing credit-related concerns. The firm took a more cautious view on property and casualty insurers and insurance brokers, citing signs of market softening, plateauing investment yields, and potential reserve pressures. The analyst also expects organic growth at insurance brokers to slow. There is concern that this could encourage more aggressive acquisition activity as firms look to sustain growth. On December 11, Prudential Financial, Inc. (NYSE:PRU) announced a share repurchase program of up to $1 billion. The authorization will be effective from January 1, 2026, through Show less Read more
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