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That was on May 6th homie. Now on May 11th, PRU was downgraded from their BUY to a NEUTRAL.PRU run-up the past week was unwarranted according to GS
Unwarranted, yes, as PRU revs have dropped for two consecutive quarters. Not something that appears to deserve an upgrade if little for the better will change soon.Profits can be manipulated in the short term even if revs are falling, but that's a loser's game as the truth will out in time.