Barclays analyst Alex Scott lowered the firm’s price target on Hartford Financial (HIG) to $21 from $25 and keeps an Overweight rating on the shares as part of a Q1 earnings preview for the insurance group. With life earnings facing challenges Barclays favors group benefits, excess capital, and “cheap” cash flows, the analyst tells investors in a research note. The firm says the sector is “navigating uncertainty.”
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Read More on HIG:
- Hartford Financial price target lowered to $110 from $115 at Morgan Stanley
- Hartford Financial price target lowered to $125 from $126 at Wells Fargo
- Hartford Financial price target lowered to $133 from $140 at Keefe Bruyette
- Hartford Financial price target raised to $129 from $125 at JPMorgan
- Hartford Financial price target raised to $145 from $130 at Piper Sandler
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