Alert: Rating Upgrade (12/22/23)-Prudential Financial Inc (NYSE: PRU).


Stock Rating Upgrade

Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Prudential Financial Inc (NYSE: PRU) improved in recent days. PRU’s current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.


Recent Price Action

Prudential Financial Inc (NYSE: PRU) stock rose modestly by 0.3% on 12/22/23. The stock closed at $103.54. However, trading volume in this advance was unusually low at 62% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -1.6% during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, PRU is expected to continue to be a major Value Builder.

Prudential Financial has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Prudential Financial has a slightly negative Appreciation Score of 37 but a very high Power Rating of 91, with the Positive Value Trend Rating the result.

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