Shares of Principal Financial Group (PFG +3.7%) are boosted by positive analyst reports from Sterne Agee, which raises its rating to Buy from Neutral and price target to $35 from $31 on relative valuation and long-term earnings growth, and Macquarie, which initiates coverage at Outperform. Sterne also cuts its rating on peer Assurant (AIZ -0.3%).
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