Prudential Financial Inc (Symbol: PRU) shares recently traded at $109.58, surpassing the average 12-month analyst target price of $109.38. This notable development raises questions on whether analysts will downgrade their valuations or adjust targets higher, depending on the company’s fundamental performance.
Currently, there are eight analysts contributing to the average target, with estimates ranging from $96.00 to $119.00, showcasing a standard deviation of $7.818. Notably, no analysts hold strong buy or buy ratings, with all eight maintaining a hold rating, leading to an average rating of 3.0, where 1 represents a strong buy and 5 a strong sell.
