Keefe, Bruyette & Woods Updates Estimates On PRU

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.