Prudential Financial (PRU) continues to make waves in the financial sector with a range of strategic initiatives. Wells Fargo recently set a
New $116.00 Price Target and maintained a
Hold Rating on PRU. The company also unveiled an
ActiveIncome Solution aimed at enhancing retirement income options. Major developments include the addition of
Thomas D. Stoddard to the Board and Audit Committee, and the completion of a major
$250M Buyback. The company also sees a potential for growth in Latin America through a partnership with
insurtech 123Seguro. PRU's Q1 2025 earnings are eagerly awaited, amidst speculations about the stock's future, which is predicted to rise according to Barclays. Despite some hurdles, PRU's performance in U.S business remains strong, also profitting from the integration with the LPL Financial Platform and the successful merger of units into a $1 trillion credit platform. Notably, Illinois Municipal Retirement Fund has reportedly sold its PRU shares. New appointments include
Jacques Chappuis, now the President and CEO of PGIM. PRU also seeks to redefine retirement planning with its new
ActiveIncome feature.
Prudential Financial PRU News Analytics from Mon, 21 Oct 2024 07:00:00 GMT to Sat, 12 Jul 2025 19:39:54 GMT -
Rating 6
- Innovation 3
- Information 8
- Rumor -4
