Morgan Stanley Maintains Equal-Weight on Hartford Finl Servs Gr, Raises Price Target to $78
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Michael Phillips has maintained an Equal-Weight rating on Hartford Financial Services Group (NYSE:HIG) and raised the price target from $76 to $78.
October 27, 2023 | 1:11 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Hartford Financial Services Group and raised the price target from $76 to $78.
The news is directly about Hartford Financial Services Group (HIG). The maintained Equal-Weight rating indicates that Morgan Stanley believes the stock is fairly valued. However, the raised price target suggests that they expect the stock to perform slightly better in the future. This could potentially lead to a positive impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100