Wells Fargo raised the firm’s price target on Hartford Financial to $106 from $97 and keeps an Overweight rating on the shares. Shares traded up as management pointed to more of the same in 2024 with flat commercial underlying margins, a material improvement in personal lines margins and a minimum 15% ROE, the firm said in a research note on Friday.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on HIG:
- Hartford Financial price target raised to $90 from $80 at Roth MKM
- Hartford Financial reports Q4 EPS $2.51, consensus $2.44
- Hartford Financial options imply 2.6% move in share price post-earnings
- HIG Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Hartford Financial price target raised to $97 from $88 at BofA
