Piper Sandler Maintains Overweight on Hanover Insurance Gr, Lowers Price Target to $138
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Paul Newsome maintains an Overweight rating on Hanover Insurance Gr (NYSE:THG) but lowers the price target from $149 to $138.
October 06, 2023 | 11:42 am
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NEUTRAL IMPACT
Piper Sandler has maintained an Overweight rating on Hanover Insurance Gr but lowered the price target from $149 to $138.
The news is directly related to Hanover Insurance Gr (THG). Piper Sandler's lowered price target might indicate a potential downside for the stock, but the maintained Overweight rating suggests that the firm still sees the stock as a good investment. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100