Wells Fargo Maintains Overweight on Hartford Finl Servs Gr, Lowers Price Target to $111
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 $117 to $111.

April 29, 2024 | 6:01 pm
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Wells Fargo maintains an Overweight rating on Hartford Financial Services Group but lowers the price target from $117 to $111.
The adjustment in price target by a major analyst like Wells Fargo, while maintaining an Overweight rating, suggests a positive outlook on HIG's fundamentals but with a slightly moderated growth expectation. This could lead to a neutral short-term impact on the stock price as the market digests the new price target against the backdrop of continued analyst confidence.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100