UPDATE: Credit Suisse Raises PT on Principal Financial Group on Reported Operating EPS
April 26, 2013 at 12:33 PM EDT
In a report published Friday, Credit Suisse analyst Thomas Gallagher reiterated a Neutral rating on Principal Financial Group (NYSE: PFG ), and raised the price target from $30.00 to $34.00. In the report, Gallagher noted, “PFG reported operating EPS of $0.79, ahead of our $0.73 estimate and consensus of $0.74.