Friday, September 14, 2007

 

Credit Woes Won't Rock Prudential

Following the recent pullback in the shares (down about 15% from its May 2007 high) in part due to asset quality concerns, we are upgrading our rating of Prudential Financial to Outperform from Neutral.

Credit Woes Won't Rock Prudential
Source: Barron's (subscription may be required)

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