Oppenheimer Maintains Outperform on Hanover Insurance Gr, Raises Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Michael Phillips maintains an Outperform rating on Hanover Insurance Group (THG) and raises the price target from $135 to $150.
February 02, 2024 | 6:18 pm
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POSITIVE IMPACT
Oppenheimer maintains an Outperform rating on Hanover Insurance Group and raises the price target from $135 to $150.
The upgrade in price target by a reputable analyst like Michael Phillips suggests a strong confidence in the company's future performance. This is likely to positively influence investor sentiment and potentially increase the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100