- Wells Fargo maintains an "Underweight" rating for Principal Financial Group (NASDAQ:PFG) but raises its price target from $74 to $85.
- The stock's current price is $90.20, with a slight decrease of 0.09% from the previous session.
- Deanna Strable, CEO of PFG, is set to speak at the Bank of America Financial Services Conference, potentially influencing the stock's future performance.
Principal Financial Group (NASDAQ:PFG) is a global financial company that provides a range of services, including retirement solutions, insurance, and asset management. The company competes with other financial giants like MetLife and Prudential Financial. On January 13, 2026, Wells Fargo maintained its "Underweight" rating for PFG, with the stock priced at $90.20 at the time of the announcement. Wells Fargo also adjusted its price target for PFG, increasing it from $74 to $85, as highlighted by TheFly. This adjustment suggests a more optimistic outlook for the stock, despite the "Underweight" rating. The stock's current price of $90.20 reflects a slight decrease of 0.09%, or $0.09, from the previous trading session.
PFG's stock has shown some volatility, with a trading range between $89.24 and $90.84 during the day. Over the past year, the stock has experienced a high of $92.51 and a low of $68.39. This indicates a significant fluctuation in its market performance, which investors should consider when evaluating the stock. The company's market capitalization is approximately $20.29 billion, indicating its substantial presence in the financial sector. With a trading volume of 1,085,420 shares on the NASDAQ exchange, PFG remains an actively traded stock, reflecting investor interest and engagement.
Deanna Strable, the chair, president, and CEO of PFG, is scheduled to speak at the Bank of America Financial Services Conference on February 11, 2026. Her participation in the fireside chat will provide insights into industry trends and company-specific topics, potentially influencing investor sentiment and the stock's future performance.
