Keefe Bruyette raised the firm’s price target on Hartford Financial (HIG) to $163 from $160 and keeps an Outperform rating on the shares. Sustained premium growth, stable core underwriting margins, and persistent share buybacks should boost shares over the next 12 months, the analyst tells investors in a research note.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HIG:
- Hartford Financial price target raised to $143 from $138 at Citi
- Hartford Financial price target raised to $142 from $140 at Morgan Stanley
- Hartford Financial price target raised to $165 from $160 at Cantor Fitzgerald
- Hartford Financial price target raised to $157 from $155 at UBS
- Hartford Financial price target raised to $156 from $153 at Wells Fargo