RBC Capital resumed coverage of Hartford Financial (HIG) with a Sector Perform rating and $145 price target The company has a “strong track record and well-rounded business” but the stock’s multiple is “stretched” at current levels, the analyst tells investors in a research note.
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Read More on HIG:
- Hartford Financial price target raised to $150 from $140 at Morgan Stanley
- Hartford Financial price target raised to $145 from $144 at Keefe Bruyette
- Hartford Financial Services Reports Record Earnings
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- Hold Rating on Hartford Financial: Balancing Strong Business Insurance Growth with Core Loss Concerns and Competitive Pressures