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Prudential Financial, Inc. (PRU) PT Lowered From $113 to $105 at TD Cowen After Q4 Review
TD Cowen has lowered its price target for Prudential Financial, Inc. (NYSE:PRU) from $113 to $105, while maintaining a Hold rating, following a review of the company’s Q4 results. Separately, Prudential Financial launched its ActiveIncome insurance overlay for retail managed accounts on Franklin Templeton’s Canvas platform, aimed at helping registered investment advisors provide protected lifetime income to clients. The article also notes that brighter prospects for higher returns in a shorter timeframe may lie in AI stocks compared to PRU.