Piper Sandler raised the firm’s price target on Hartford Financial (HIG) to $150 from $145 and keeps an Overweight rating on the shares. The higher multiple represents higher peer multiples and consistent performance that reinforces the firm belief that Hartford Financial should trade in-line with peers.
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Read More on HIG:
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- Hartford Financial initiated with a Neutral at Citi
- Cantor rolls out P&C insurance coverage, sees ‘market in transition’
- Hartford Financial initiated with an Overweight at Cantor Fitzgerald
- Hartford Financial price target raised to $150 from $145 at UBS