Principal Financial upgraded to Equal Weight from Underweight at Evercore Evercore upgraded Principal Financial based on balanced risk/reward and confidence in longer-term margins. Price target is $50.
Principal Financial upgraded at Raymond James As previously reported, Raymond James upgraded Principal Financial to Outperform from Market Perform. The analyst upgraded shares based on Principal's favorable outlook in the retirement segment, increased demand for financial products in emerging economies, and excess capital generation. Price target is $60.