- Editor's PickSeana Smith•2 days ago
Shares are soaring after CNBC reported that Salesforce, Alphabet and others have expressed interest in potentially buying Twitter. The upward move follows RBC’s downgrade of Twitter’s stock to underperform from sector perform with a price target of $14 per share. Walmart (WMT) – Barclays (BCS) upgraded Walmart to overweight from equal weight and boosted its price target on Walmart’s stock to $87 per share, implying an upside of about 20%.
- Barrons.com•2 days ago
Like other insurance stocks, Prudential Financial's (PRU) valuation remains tied closely to interest rates. Rising rates are good for Prudential and other large insurers because they tend to invest the premiums paid by individuals and businesses in high-quality corporate bonds as a way of generating income until claims come due. Thus, the big fear facing insurers has been that weak global economic growth would hobble prospects for a 2017 interest rate hike and keep pressure on the industry’s investment income.
Prudential Financial, Inc. (PRU)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||79.82 x 300|
|Ask||80.49 x 300|
|Day's Range||80.08 - 81.50|
|52wk Range||57.19 - 88.77|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||8.25|
|Avg Vol (3m)||2,365,401|
|Dividend & Yield||2.80 (3.49%)|