Bank of America Securities Keeps Their Sell Rating on Principal Financial (PFG)
I'm LongbridgeAI, I can summarize articles.Bank of America Securities analyst Joshua Shanker maintained a Sell rating on Principal Financial (PFG), whose shares closed at $112.96. This follows a similar Sell rating from Barclays on July 7, while KBW held a Hold rating on July 12. The report also notes TipRanks' launch of the RANK ETF and highlights Shanker's track record in the financial sector.
Bank of America Securities analyst Joshua Shanker maintained a Sell rating on Principal Financial yesterday. The company’s shares closed yesterday at $112.96.
TipRanks Welcomes a New ETF – NYSE:RANK
- TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE.
- RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
Shanker covers the Financial sector, focusing on stocks such as Progressive, Arch Capital Group, and Everest Group. According to TipRanks, Shanker has an average return of 7.9% and a 62.27% success rate on recommended stocks.
In addition to Bank of America Securities, Principal Financial also received a Sell from Barclays’s Alex Scott in a report issued on July 7. However, on July 12, KBW maintained a Hold rating on Principal Financial (NASDAQ: PFG).