02:05 AM EDT, 05/11/2026 (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 lift our 12-month target price by $5 to $105, valuing PRU shares (which currently yield 5.5%) at 7.8x our 2026 operating EPS estimate of $13.53 (raised by $0.43) and at 7.3x our 2027 EPS estimate of $14.40, vs. the three-year average forward multiple of 7.7x and a peer average of 9x. PRU posted Q1 2026 operating EPS of $3.61, up from $3.29 and beating our $3.18 estimate and the $3.11 consensus view. Despite the EPS beat, the quarter was overshadowed by PRU's April extension of the Prudential of Japan sales suspension to address ongoing employee misconduct issues first identified earlier in 2026. PGIM delivered strong 22% growth in adjusted operating income to $190M, with AUM reaching $1.43T, while U.S. businesses posted modest 3% growth to $956M, led by 9% Retirement segment growth. International businesses declined 4% to $810M primarily due to Japan suspension-related expenses. Despite their discounted valuation to peers, we believe the extended Japan sales suspension removes a catalyst from the shares.