Wells Fargo Sticks to Its Sell Rating for Prudential Financial (PRU)
I'm LongbridgeAI, I can summarize articles.Wells Fargo analyst Wesley Carmichael maintained a Sell rating on Prudential Financial (PRU) with an $110 price target, despite shares closing at $124.54. The stock holds a consensus Hold rating with an average target of $113.34. Barclays also maintains a Sell rating with a lower $92 target.
Wells Fargo analyst Wesley Carmichael maintained a Sell rating on Prudential Financial yesterday and set a price target of $110.00. The company’s shares closed yesterday at $124.54.
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Carmichael covers the Financial sector, focusing on stocks such as Prudential Financial, Voya Financial, and Unum Group. According to TipRanks, Carmichael has an average return of 17.7% and a 75.00% success rate on recommended stocks.
Prudential Financial has an analyst consensus of Hold, with a price target consensus of $113.34, which is a -8.99% downside from current levels. In a report released on August 5, Barclays also maintained a Sell rating on the stock with a $92.00 price target.