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Hartford Financial price target raised to $135 from $125 at Raymond James

Raymond James raised the firm’s price target on Hartford Financial (HIG) to $135 from $125 and keeps an Outperform rating on the shares. The firm has updated several assumptions in its model following a review of recent management commentary and recent industry trends, the analyst tells investors. The firm expects the company to generate elevated ROEs relative to the peer average through 2026, the analyst noted.

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