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Evercore ISI Sticks to Their Hold Rating for Hartford Insurance (HIG)

Tipranks - Tipranks - Tue Feb 3, 6:40AM CST

In a report released on January 30, David Motemaden from Evercore ISI maintained a Hold rating on Hartford Insurance, with a price target of $145.00. The company’s shares closed last Friday at $135.06.

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According to TipRanks, Motemaden is a 4-star analyst with an average return of 8.0% and a 69.11% success rate. Motemaden covers the Financial sector, focusing on stocks such as Allstate, Aon, and Arthur J Gallagher & Co.

In addition to Evercore ISI, Hartford Insurance also received a Hold from RBC Capital’s Rowland Mayor in a report issued today. However, on the same day, UBS maintained a Buy rating on Hartford Insurance (NYSE: HIG).

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Based on Hartford Insurance’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $7.23 billion and a net profit of $1.08 billion. In comparison, last year the company earned a revenue of $6.71 billion and had a net profit of $767 million

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