Prudential Financial, Inc. (PRU) receives attention as Wells Fargo raises price target to $115 and maintains Equal Weight rating, focusing on key themes in insurance sector. Meanwhile, CEO of Japan life insurance unit to step down due to employee misconduct involving around 100 employees and $19.60 million in improper activity.

The misconduct affected 498 customers and involved improper funds reception and personal borrowing from customers. CEO to resign effective February 1, to be replaced by current president and CEO of Prudential Gibraltar Financial Life Insurance. Initial misconduct flagged in 2024, broader review ongoing since August of that year.

Prudential Financial, Inc. (PRU) is a diversified financial services company and global investment manager, offering a wide range of financial products and services worldwide. While PRU shows potential as an investment, some believe AI stocks offer greater upside potential and less downside risk.

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Read more at Yahoo Finance: Prudential Financial, Inc. (PRU) in Focus as Wells Fargo Outlines Key Themes Across Insurance