Morgan Stanley raised the firm’s price target on Hartford Financial (HIG) to $130 from $115 and keeps an Equal Weight rating on the shares. The firm is updating its price targets on stocks under its coverage in the P&C Insurance sector, the analyst tells investors. Results were somewhat mixed depending on the segments, but the firm sees further growth and margin expansion in personal lines, which should be durable in 2025. Heading into 2025, the firm expects broader P&C trend to remain steady, with personal lines and brokers leading on the earnings growth front.
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Read More on HIG:
- Hartford Financial price target raised to $135 from $133 at Keefe Bruyette
- Hartford Financial price target raised to $142 from $139 at UBS
- Hartford Financial’s Strong Performance and Strategic Decisions Reinforce Buy Rating
- The Hartford Reports Mixed Q1 2025 Financial Results
- Hartford Financial Reports Strong Q1 2025 Growth
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