B of A Securities Downgrades Hanover Insurance Gr to Neutral, Announces $130 Price Target
Portfolio Pulse from richadhand@benzinga.com
B of A Securities analyst Grace Carter downgraded Hanover Insurance Gr (NYSE:THG) from Buy to Neutral and announced a $130 price target.

May 18, 2023 | 10:22 am
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Hanover Insurance Gr (NYSE:THG) was downgraded from Buy to Neutral by B of A Securities analyst Grace Carter, with a $130 price target.
The downgrade from Buy to Neutral by B of A Securities analyst Grace Carter indicates a less optimistic outlook for Hanover Insurance Gr's stock performance. This could lead to a short-term negative impact on the stock price as investors may adjust their positions based on the new rating and price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100