Morgan Stanley Downgrades Hamilton Insurance Group to Equal-Weight, Maintains Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has downgraded Hamilton Insurance Group (NYSE:HG) from Overweight to Equal-Weight, while maintaining the price target at $19.

August 19, 2024 | 4:57 pm
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Morgan Stanley has downgraded Hamilton Insurance Group from Overweight to Equal-Weight, indicating a neutral stance on the stock. The price target remains at $19.
The downgrade from Overweight to Equal-Weight by Morgan Stanley suggests a less bullish outlook on Hamilton Insurance Group, which could lead to a short-term negative impact on the stock price. However, the maintained price target of $19 indicates that the analyst does not foresee a significant downside.
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