Wells Fargo Maintains Equal-Weight on Hamilton Insurance Group, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Elyse Greenspan maintains an Equal-Weight rating on Hamilton Insurance Group (NYSE:HG) and lowers the price target from $17 to $16.
March 08, 2024 | 12:15 pm
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Wells Fargo analyst Elyse Greenspan maintains an Equal-Weight rating on Hamilton Insurance Group and lowers the price target from $17 to $16.
The reduction in price target by Wells Fargo, a major financial institution, could lead to a negative short-term impact on HG's stock price. Investors often view such adjustments as a signal of expected performance, and a lower price target may reduce investor confidence in the stock.
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