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Hartford Financial price target lowered to $80 from $85 at Evercore ISI
The Fly

Hartford Financial price target lowered to $80 from $85 at Evercore ISI

Evercore ISI analyst David Motemaden lowered the firm’s price target on Hartford Financial to $80 from $85 and keeps an In Line rating on the shares. The firm has lowered targets across the commercial lines insurers to reflect lower P/Es given the decelerating pricing environment "at a time when we are incrementally more negative on the loss cost environment," the analyst tells investors.

Published first on TheFly

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