03:50 PM EDT, 07/31/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our 12-month target price by $7 to $87, valuing PFG shares at 9.8x our 2026 operating EPS estimate of $8.85, vs. the shares' one-year average forward multiple of 9.9x and a peer average of 7.7x. We raise our 2025 operating EPS estimate by $0.38 to $8.22. PFG posted Q2 EPS of $2.16 vs. $1.63, topping our $1.98 EPS estimate and the $1.97 consensus view on margin gains in several core units. Per share results were also aided by a 4.1% drop in the share count amid 11M of buybacks (for $902.4M) over the trailing 12 months ended June 30, 2025. We applaud PFG's ability to produce EPS gains, but our view is tempered by the lack of top-line growth. Q2 operating revenues sank 11% Y/Y on a 28% drop in premiums, 2% growth in fees, and 7% higher investment income. We now see 2025 operating revenues as flat to down 5% (vs. a rise of 4%-8%). Currently trading at 9.8x our 2025 EPS (a 27% premium to peers) with below peer revenue growth prospects, we view the shares (currently yielding 3.8%) as fairy valued.