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Hiscox upgraded to Buy from Neutral at Goldman Sachs

Goldman Sachs upgraded Hiscox (HCXLF) to Buy from Neutral with a price target of 1,395 GBp, up from 1,282 GBp. Hiscox’s business mix in the current environment offers “attractive” retail exposure in the current environment, the analyst tells investors. The firm also forecasts the highest 2024-2028 top-line and EPS growth for Hiscox compared to the London Market peers, the analyst added.

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