JPMorgan Lifts PFG Price Target to $107.00

JPMorgan Chase & Co. raised its price target for Principal Financial Group (NASDAQ:PFG) from $106.00 to $107.00 in a research note issued on Monday, according to Benzinga.

The brokerage currently has a 'neutral' rating on the stock and expects a potential downside of 7.29% from PFG's previous close.

Other analysts have also made changes to their price targets for Principal Financial Group in recent weeks. Evercore set a target of $108.00, while Raymond James Financial raised its target from $99.00 to $111.00 after cutting the stock's rating from 'strong-buy' to 'outperform'. Jefferies Financial Group increased its target from $91.00 to $98.00 with a 'hold' rating.