Principal Financial Group edges lower after brokerages cut PT

Principal Financial

30/10/2023 14:58

** Shares of insurer Principal Financial Group  PFG.O  dips
0.5% to $67.31 in early hours of trading
    ** Piper Sandler and RBC cut PT
    ** Piper Sandler cuts PT to $74 from $80, while RBC cuts PT
to $75 from $83
    ** Of 16 analysts covering the stock, 11 have "hold", and 5
have "sell" or lower ratings; median PT is $75
    ** YTD, AVTR shares are down ~19.6%

 (Reporting by Jaiveer Singh Shekhawat in Bengaluru)
 ((JaiveerSingh.Shekhawat@thomsonreuters.com;))