Keefe, Bruyette & Woods, citing strong results in 1Q, is updating its estimates on Prudential Financial PRU. KBW has raised its 2011 estimate from $6.30 to $6.65 and its 2012 estimate from $7.80 to $7.90.
An Outperform rating and a $75 price target are maintained on the stock.
PRU closed yesterday at $62.39.
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Posted In: Analyst ColorAnalyst RatingsFinancialsKeefe Bruyette & WoodsLife & Health InsurancePrudential Financial Inc.
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