Wells Fargo Maintains Overweight on Hartford Finl Servs Gr, Lowers Price Target to $91
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Elyse Greenspan maintains an Overweight rating on Hartford Financial Services Group (HIG) but lowers the price target from $93 to $91.
July 17, 2023 | 12:38 pm
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Wells Fargo maintains an Overweight rating on Hartford Financial Services Group but lowers the price target from $93 to $91.
The news is directly about HIG and is important as it involves a change in price target by a major financial institution. However, the impact on the stock price is neutral in the short term as the rating remains Overweight, indicating that the stock is still expected to outperform, despite the lower price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100