Principal Financial price target raised to $100 from $94 at Piper Sandler

Piper Sandler raised the firm’s price target on Principal Financial (PFG) to 100from100 from 94 and keeps an Overweight rating on the shares. The firm is generally above consensus across the board in lifecoland. The drop in rates has been more gradual than has otherwise been expected, which has been constructive for broader capital markets activity too. This likely causes some tailwind to fee and spread earnings in its coverage, Piper adds. Claim 70% Off TipRanks This Holiday Season Published first on TheFly ...