Morgan Stanley lowered the firm’s price target on Hartford Financial (HIG) to $140 from $150 and keeps an Equal Weight rating on the shares. Although the P&C insurance sector faces known challenges, including softening pricing in property and more competition in personal auto, attractive valuations and strong casualty pricing partially offset this, says the analyst, who maintains an Attractive industry view heading into 2026.
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Read More on HIG:
- Hartford Financial initiated with an Outperform at Mizuho
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- Hartford Financial price target raised to $150 from $140 at Morgan Stanley