Keefe, Bruyette & Woods Maintains Market Perform on Hanover Insurance Gr, Lowers Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Meyer Shields has maintained a 'Market Perform' rating on Hanover Insurance Gr (NYSE:THG) but lowered the price target from $124 to $120.
August 15, 2023 | 10:53 am
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Hanover Insurance Gr's price target has been lowered from $124 to $120 by Keefe, Bruyette & Woods, while maintaining a 'Market Perform' rating.
The lowering of the price target for Hanover Insurance Gr by Keefe, Bruyette & Woods indicates a potential decrease in the stock's value in the short term. However, the 'Market Perform' rating suggests that the stock is expected to perform in line with the market, which may mitigate some of the negative impact.
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IMPORTANCE 80
RELEVANCE 100