Oppenheimer Maintains Outperform on Hanover Insurance Gr, Raises Price Target to $165
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Michael Phillips maintains an Outperform rating on Hanover Insurance Group (THG) and raises the price target from $150 to $165.
May 03, 2024 | 1:07 pm
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POSITIVE IMPACT
Oppenheimer maintains an Outperform rating on Hanover Insurance Group and raises the price target to $165.
The upgrade in price target by a reputable analyst like Michael Phillips suggests a positive outlook on THG's financial performance and growth prospects. This is likely to instill confidence among investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100