Prudential Financial Declares Quarterly Dividend On Common Stock

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Piper Jaffray Remains Bullish on Prudential Financial (PRU); Expects EPS to Bounce Back in 1Q

February 11, 2016 8:24 AM EST

Piper Jaffray maintained an Overweight rating on Prudential Financial (NYSE: PRU), and cut the price target to $89.00 (from $100.00), following the company's 4Q earnings report. PRU reported operating EPS of $1.94, missing consensus of $2.30. Piper Jaffray expects EPS to bounce in 1Q16 as expenses normalize.

Analyst John Nadel... More