TD Cowen Initiates Coverage of Prudential Financial, Inc. - Corporate Bond (PFH) with Hold Recommendation
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 10 2024
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Source: NASDAQ.COM
TD Cowen Coverage Initiation: On October 9, 2024, TD Cowen initiated coverage of Prudential Financial, Inc. - Corporate Bond (NYSE:PFH) with a Hold recommendation, projecting a 5.54% upside based on an average one-year price target of $21.81/share.
Institutional Ownership Trends: There has been a decrease in institutional ownership of Prudential Financial, with total shares owned dropping by 2.27% over the last three months, and several funds reducing their portfolio allocations in PFH.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
