Sterne Agee Upgrades Principal Financial (PFG), Downgrades Assurant (AIZ)
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Price: $113.70 -0.22%
Rating Summary:
4 Buy, 13 Hold, 6 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 14 | Down: 24 | New: 9
Rating Summary:
4 Buy, 13 Hold, 6 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 14 | Down: 24 | New: 9
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Sterne Agee's John Nadel is offering up a pair trade Thursday morning, upgraded shares of Principal Financial (NYSE: PFG) while at the same time downgrading shares of Assurant (NYSE: AIZ).
The analyst now rates Principal Financial shares a Buy, up from Neutral previously, and shares of Assurant a Neutral. Nadel boosted his target on Principal from $31 to $35 and his target on Assurant from $50 to $52.
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The analyst now rates Principal Financial shares a Buy, up from Neutral previously, and shares of Assurant a Neutral. Nadel boosted his target on Principal from $31 to $35 and his target on Assurant from $50 to $52.
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