Argus raised the firm’s price target on Hartford Financial to $104 from $87 and keeps a Buy rating on the shares. The analyst cites the company’s better-than-expected Q4 earnings, improved underwriting gains in Commercial Lines, and higher daily average assets under management offset by continued struggles in Personal Lines. The firm is also raising its FY24 EPS view to $10.40 from $9.65 while setting a FY25 outlook at $11.44.
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Read More on HIG:
- Hartford Financial price target raised to $115 from $97 at Piper Sandler
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- Hartford Financial price target raised to $90 from $80 at Roth MKM
- Hartford Financial reports Q4 EPS $2.51, consensus $2.44
