Wells Fargo Maintains Overweight on Hartford Finl Servs Gr, Lowers Price Target to $85
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 $89 to $85.
October 17, 2023 | 1:39 pm
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NEUTRAL IMPACT
Wells Fargo has lowered its price target for Hartford Financial Services Group from $89 to $85, while maintaining an Overweight rating.
The news is directly about HIG and is likely to influence investor sentiment. The lowering of the price target might suggest a slightly less optimistic outlook, but the maintained Overweight rating indicates that the analyst still sees the stock as a good investment. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100