Principal Financial (PFG) Receives a Hold from Evercore ISI

Evercore ISI analyst Thomas Gallagher maintained a Hold rating on Principal Financial yesterday and set a price target of $96.00. The company’s shares closed yesterday at $82.43.

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According to TipRanks, Gallagher is a 4-star analyst with an average return of 6.6% and a 60.50% success rate. Gallagher covers the Financial sector, focusing on stocks such as AFLAC, Principal Financial, and Equitable Holdings.

In addition to Evercore ISI, Principal Financial also received a Hold from UBS’s Michael Ward CFA in a report issued on October 28. However, yesterday, TR | OpenAI – 4o reiterated a Buy rating on Principal Financial (NASDAQ: PFG).

Based on Principal Financial’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $3.67 billion and a net profit of $406.2 million. In comparison, last year the company earned a revenue of $4.31 billion and had a net profit of $353.1 million