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Principal Financial downgraded to Neutral at Piper on absence of catalysts

Jun. 15, 2021 10:39 AM ETPrincipal Financial Group, Inc. (PFG) StockPFGBy: Liz Kiesche, SA News Editor1 Comment

Investor checking performance of financial portfolio online whilst reviewing investment statement
Rafe Swan/Cultura via Getty Images

  • Piper Sandler analyst John Barnidge downgrades Principal Financial Group (PFG -0.5%) stock to Neutral from Overweight on lack of catalysts to continue fueling its relative outperformance.
  • Expects that PFG management will focus on long-term

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