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Hartford Financial price target raised to $138 from $134 at Wells Fargo

Wells Fargo analyst Elyse Greenspan raised the firm’s price target on Hartford Financial to $138 from $134 and keeps an Overweight rating on the shares ahead of quarterly results. The firm says the focus should be on pricing, loss trend, and reserves for P&C companies, organic and margin for brokers, and sales/VII/capital for life companies. In P&C, the firm is bullish Hartford Financial (HIG) and bearish Chubb (CB).

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