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September 01, 2020 1:41pm
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Prudential: An Undervalued Play On Higher Interest Rates

Shares of Prudential Financial ( PRU ) share price jumped 1.4% to a recent $81.26 after Goldman Sachs analyst Michael Kovac lifted the stock to a buy from a neutral and added it to the firm’s Conviction Buy list with a price target of $93. Why? Among several reasons, the insurer is an undervalued play on higher interest rates.
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