JMP Securities Maintains Market Outperform on Hanover Insurance Gr, Lowers Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Matthew Carletti maintains a Market Outperform rating on Hanover Insurance Gr (NYSE:THG), but lowers the price target from $160 to $150.

October 13, 2023 | 1:21 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
JMP Securities maintains a Market Outperform rating on Hanover Insurance Gr, but lowers the price target from $160 to $150.
The news is directly about Hanover Insurance Gr (THG). The maintained Market Outperform rating suggests that the analyst still sees potential in the stock, which could be positive for the stock price. However, the lowered price target could be seen as a negative signal, suggesting that the analyst expects less upside than before. The net impact on the stock price in the short term is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100