Barclays Maintains Prudential Financial(PRU.US) With Hold Rating, Maintains Target Price $129
Express News | Barclays has raised the Target Price of Prudential Financial from $119.00 to $129.00.
Prudential Financial Is Maintained at Equal-Weight by Barclays
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Barclays Upgrades Prudential Financial(PRU.US) to Hold Rating, Raises Target Price to $129
Express News | Prudential Financial Inc : Barclays Raises Target Price to $129 From $119
Verizon (VZ.US) is being sued by retirees due to the sale of pensions to Prudential (PRU.US).
Telecom company Verizon Communications (VZ.US) has been sued by retirees, accusing the company of trying to transfer its responsibilities to an insurance company, including a subsidiary of Prudential Financial (PRU.US), thereby jeopardizing employees' pensions. According to a complaint filed recently in the U.S. District Court for the Southern District of New York, Verizon allegedly failed to fulfill its fiduciary duties to retirees and did not comply with the Trade with the insurance company. The lawsuit claims that the opaque transactions with the subsidiary put the financial security of pension recipients at risk. The lawsuit states that this transaction affects 0.056 million people.
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KBW Maintains Prudential Financial(PRU.US) With Hold Rating, Raises Target Price to $135
KBW Reaffirms Their Hold Rating on Prudential Financial (PRU)