Stocks · News reference
UBS analyst Michael Ward maintains Principal Financial Group (NASDAQ:PFG) with a Neutral and raises the price target from $98 to $120.
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
Filed: 2026-09-10 AccNo: 0001104659-26-106416 Size: 1 MB Item 1.01: Entry into a Material Definitive Agreement Item 2.03: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant Item 9.01: Financial Statements and Exhibits
Principal Financial rallied 6.5% to close at $118.51 on higher trading volume. The company is expected to report quarterly earnings of $2.53 per share (+20.5% YoY) and revenues of $4.29 billion (+10.2% YoY). However, consensus EPS estimates have been revised marginally lower over the past 30 days, and the stock carries a Zacks Rank #3 (Hold) rating, suggesting the recent strength may not be sustainable.
U.S. stocks rose Thursday; Summit Therapeutics jumped 10.1% after Phase III results, while Snowflake and other stocks rallied.