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FINWIRES

Prudential Financial Shares Fall After Barclays, Jefferies Downgrades

-- Prudential Financial (PRU) shares fell 1.4% on Wednesday after Barclays downgraded the stock to underweight from equalweight and cut its price target to $91 per share from $110.

Jefferies also downgraded the stock to hold from buy and cut its price target to $98 per share from $124.

Trading volume stood at over 2.7 million shares compared with a daily average of more than 2.4 million.

Price: $95.26, Change: $-1.20, Percent Change: -1.24%

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