PFG Maintains Rating by JP Morgan -- Price Target Raised to $107
JP Morgan has maintained a "Neutral" rating for Principal Financial Group (PFG) but raised its price target to $107.00. Despite this, GuruFocus assesses PFG as 23.4% overvalued at its current price of $115.12, with a GF Score™ of 71/100 indicating moderate financial health but lower financial strength. Insider activity shows net selling, and mixed sentiment among gurus suggests caution for investors.
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Attributed market update with source link for portfolio context.