The Hanover price target raised to $195 from $185 at Oppenheimer

Oppenheimer raised the firm’s price target on The Hanover (THG) to $195 from $185 and keeps an Outperform rating on the shares following quarterly results. In the face of increased uncertainty in casualty markets, as well as the wildcard that tariffs create, the firm continues to like The Hanover’s disciplined underwriting approach, especially in longer-tailed lines.