Raymond James Maintains Outperform on Hartford Finl Servs Gr, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst C. Gregory Peters maintains an Outperform rating on Hartford Financial Services Group (HIG) and raises the price target from $90 to $100.
February 05, 2024 | 12:37 pm
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Raymond James raises Hartford Financial Services Group's price target from $90 to $100, maintaining an Outperform rating.
The increase in price target by a reputable analyst firm like Raymond James typically signals a strong confidence in the company's future performance. Maintaining an Outperform rating while raising the price target suggests that the analyst sees more upside potential in the stock, which could lead to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100