BofA Downgrades Principal Financial to Underperform From Neutral, Price Target is $95
BofA has downgraded Principal Financial Group Inc. (NASDAQ: PFG) to Underperform from Neutral and set a new price target of $95. This news was released on June 24, 2026, and follows other recent analyst adjustments for the company. Principal Financial Group is a major American financial services group specializing in retirement fund management, insurance, and asset management.
Brown & Brown Creates New Growth Leadership Role, Names Neil Krauter Sr. Executive Managing Director
Brown & Brown has appointed Neil Krauter Sr. as executive managing director of growth and specialization within its Retail segment, a new role designed to accelerate organic growth, expand specialty practices, and strengthen relationships in the insurance and private equity sectors. Krauter will lead initiatives to identify new business opportunities, recruit top producers, and cultivate relationships with private equity firms, while also providing strategic oversight to the company's private equity and M&A platform. This appointment highlights Brown & Brown's commitment to specialization and talent acquisition in the competitive insurance brokerage industry.
Wells Fargo upgrades Invitation Homes stock rating on revenue outlook By Investing.com
Wells Fargo has upgraded Invitation Homes (NYSE:INVH) to Overweight from Equal Weight, increasing its price target to $33.00. The upgrade is driven by an improved same-store revenue outlook after a strong spring leasing season and the company's aggressive share buyback activity, which positions it for a cash flow from operations guidance increase. Additionally, the analyst noted that the current valuation offers a compelling entry point, and recent legislation may open up new portfolio acquisition opportunities for the single-family rental REIT.
FactSet Research Likely To Report Higher Q3 Earnings; These Most Accurate Analysts Revise Forecasts Ahead
FactSet Research Systems Inc. is expected to announce higher Q3 earnings and revenue on July 1st, with analysts forecasting $4.45 per share and $617.59 million, respectively. The company recently raised its quarterly dividend. Several analysts have updated their ratings and price targets for FDS stock, with a mix of "Underweight," "Sector Perform," "Market Perform," and "Buy" ratings.
Devon Energy completes debt exchange offer with 85% participation
Devon Energy Corporation successfully completed its debt exchange offer for outstanding notes issued by its subsidiary, Coterra Energy Inc., with an 85% overall participation rate, totaling $2.95 billion in aggregate principal. This move is part of the company's debt restructuring efforts, as Devon maintains a moderate debt level and has seen its stock gain nearly 20% year-to-date. Eligible holders will receive new Devon Energy notes and cash, with settlement expected around Thursday.
Teledyne wins $28.8M border security contract from CBP By Investing.com
Teledyne FLIR Defense secured a $28.8 million contract from U.S. Customs and Border Protection for its Enhanced Mobile Surveillance Capability-Lite program. The 24-month contract involves delivering an advanced Lightweight Vehicle Surveillance System (LVSS) to be deployed primarily along the Southwest border for situational awareness. This contract adds to Teledyne's recent successes, which include other defense contracts and new product launches in various high-tech sectors.
S&P 500 Futures Rise in Premarket Trading; Dick's Sporting Goods, Zimmer Biomet Holdings Lag
S&P 500 futures are rising in premarket trading, while individual stocks like Dick's Sporting Goods and Zimmer Biomet Holdings are lagging. This article highlights early market movers, noting Maase Inc. and Moog Inc. Class A shares are seeing significant gains before the U.S. stock markets open.
3M™ Novec™ Phase-Out: Running Low on Stock? EnviroTech Europe Supply Direct Replacements
With 3M™ having officially discontinued its Novec™ Engineered Fluids in December 2025, EnviroTech Europe offers ProSolv® Direct Replacements, including PFAS-free and standard vapor degreasing solvents. These alternatives are designed to integrate seamlessly into existing precision cleaning processes, ensuring supply chain stability and compliance with evolving environmental regulations. The article details the critical need for companies to transition quickly and offers guidance on securing these replacement solutions.
Manulife (TSX:MFC) Launches Protection VUL Through John Hancock With Vitality Rewards
Manulife's John Hancock has launched an enhanced Protection Variable Universal Life (VUL) insurance product in the U.S., which combines flexible coverage, living benefit riders, and wellness incentives through its Vitality program. This new offering aims to target higher-value segments with features like a long-term death benefit focus, adjustable cash value options, and a no-lapse guarantee. For investors, the launch signifies Manulife's focus on flexible, advice-led products that integrate health-linked engagement, while also presenting market and contract-specific risks associated with VUL products.
Sysco extends strategic partnership with Natasha’s Foundation
Sysco has renewed its strategic partnership with Natasha’s Foundation for another three years, committing to further awareness, education, and research into food allergies across the UK. This builds on their previous collaboration, which included strengthening allergen understanding in the foodservice sector and supporting Natasha's Law. The renewed support will fund the Foundation's initiatives, including the Allergy School program and advocacy for improved allergy management, while focusing on prevention and pioneering scientific research like the Natasha Clinical Trial.





