Citi raised the firm’s price target on Hartford Financial to $116 from $113 and keeps a Neutral rating on the shares. The firm says that while Hartford missed in Q1, it continues to like the stock for the company’s solid commercial lines growth outlook, margin stability, and potential for further re-rating where it still trails closest peers.
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Read More on HIG:
- Hartford Financial price target lowered to $111 from $117 at Wells Fargo
- Hartford Financial reports Q1 core EPS $2.34, consensus $2.45
- Hartford Financial Services (HIG) Q1 Earnings Cheat Sheet
- Hartford Financial price target raised to $113 from $109 at Citi
- Hartford Financial price target raised to $104 from $91 at JPMorgan
