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Prudential Financial (PRU) Reports 3Q Beat in Tough Market; Piper Jaffray Raises Price Target to $107

November 5, 2015 9:33 AM EST

Piper Jaffray reiterated an Overweight rating on Prudential Financial (NYSE: PRU), and raised the price target to $107.00 (from $105.00), following the company's 3Q earnings report. PRU reported EPS of $2.40 vs. the consensus of $2.42.

Analyst John Nadel commented, "Despite tough market conditions,... More