Citi Maintains Hold Rating On Prudential Following Earnings (PRU)

Citigroup

analysts released a report today on Prudential

following the company's earnings yesterday after the closing bell. They wrote, "Following our initial review of 2Q10 results, there is no change to our Hold investment rating and $62 price target on the shares of PRU. Unusual items, particularly on the Individual Annuity, Asset Management, and Individual Life obscured core business line performance and excluding these we would not consider it a particularly strong quarter." Prudential reported EPS of $1.51 compared to analysts' consensus of $1.31. During today's trading session, PRU shares have gained 2.42%.