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The Hanover price target raised to $173 from $171 at Keefe Bruyette

Keefe Bruyette analyst Meyer Shields raised the firm’s price target on The Hanover (THG) to $173 from $171 and keeps a Market Perform rating on the shares. The shares’ current valuation reasonably reflects The Hanover’s successes in reducing its overall property-related earnings volatility, the analyst tells investors in a research note.

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