Prudential Financial

Goldman Sachs provided color on the insurance sector. In a research report published today, Goldman selected its top picks from the sector. These are: Prudential Financial (NYSE: PRU), LPL Investment (NASDAQ: LPLA) and Ameriprise Financial (NYSE: AMP), all Buy rated. On Wednesday, Prudential added...

Morgan Stanley is out with its report today on Prudential Financial (NYSE: PRU), reiterating Overweight. In a note to clients, Morgan Stanley writes, "While there were no major surprises at Prudential's investor day, management provided what we considered to be a bullish assessment of growth and...

J.P. Morgan is out with its report today on Prudential Financial (NYSE: PRU), maintaining Overweight. In a note to clients, J.P. Morgan writes, "PRU remains our top pick, and we reiterate our Overweight rating. The stock is currently trading at 1.0x BV ex. AOCI and 7.7x our 2012 EPS estimate,...

J.P. Morgan commented on Prudential Financial in a report released today. In the report, J.P. Morgan was positive in its assessment of the company. J.P. Morgan writes, “Our fundamental outlook is positive. We project foreign life earnings growth to accelerate given strong sales at Gibraltar and...

Prudential Financial, Inc. (NYSE: PRU) and MetLife, Inc. (NYSE: MET) both reported big headline beats, Goldman Sachs reports, with PRU +15% and MET by 6%. “Unusual items explain some of the upside but ex items EPS was still above consensus (but more in line),” Goldman Sachs writes. “Notably,...

Citi is out with its report today on Prudential Financial (NYSE: PRU), raising its price target from $65 to $70. In a note to clients, Citi writes, "Our revised target captures the rally in the peer group as well the $4.2B purchase of Starr/Edison that closed 3 months earlier than expected. For...

Citigroup has raised the price target on Prudential Financial (NYSE: PRU) from $65 to $70 and maintains its Hold rating.

Sterne Agee is raising its PT on Prudential Financial Inc. (NYSE: PRU) to $72 from $69. Prudential Financial closed Wednesday at $63.13.

J.P. Morgan is out with its report today on Prudential Financial (NYSE: PRU), reiterating Overweight after Q4 10 results were announced. In a note to clients, J.P. Morgan writes, "PRU reported 4Q10 operating EPS of $1.78, above our $1.46 estimate and consensus of $1.48. Ex. unusual items, PRU...

Citigroup has raised the price target on Prudential Financial Inc. (NYSE: PRU) from $62 to $65 and maintains its Hold rating.

Prudential Financial Inc. (NYSE: PRU) reported Q3 operating EPS of $2.12 “versus our estimate of $1.47 and consensus of $1.45,” Wells Fargo reports. “Excluding unusual items highlighted in the press release, we estimate normalized EPS was $1.38,” Wells Fargo writes. “We plan to revisit our...

Sterne Agee has published a research report on Prudential Financial, Inc. (NYSE: PRU) following 3Q results that impressed analysts by exceeding estimates. In the report, Sterne Agee writes "PRU reported Op. EPS of $2.12 vs. our $1.48 and consensus $1.45. Results included $0.73 of net positive items...

Prudential Financial, Inc. (NYSE: PRU) may finally see its Japanese deal come to fruition, according to Citigroup, which reports "reports in The Wall Street Journal suggest PRU may be in the final stages of acquiring AIG's two remaining Japanese life insurance operations, AIG Star Life (Star) and...

According to the Securities and Exchange Commission, Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) reinsurer General Re has agreed to pay nearly $100 million to settle several charges and a lawsuit related to the company's involvement in accounting frauds by American International Group (NYSE: AIG...