Barclays Maintains Overweight on Hartford Finl Servs Gr, Lowers Price Target to $83
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Tracy Benguigui has maintained an Overweight rating on Hartford Financial Services Group (HIG) but lowered the price target from $87 to $83.

July 31, 2023 | 12:47 pm
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Barclays has maintained an Overweight rating on Hartford Financial Services Group (HIG) but lowered the price target from $87 to $83.
The news is directly related to HIG as Barclays, a major financial institution, has maintained an Overweight rating on the company but lowered the price target. This suggests that while Barclays still sees HIG as a good investment, it has slightly reduced its expectations for the stock's performance. This could potentially lead to a neutral short-term impact on the stock price as the positive of maintaining the Overweight rating is balanced by the negative of the lowered price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100