Hartford Financial price target lowered to $121 from $126 at Jefferies

Jefferies analyst Yaron Kinar lowered the firm’s price target on Hartford Financial (HIG) to $121 from $126 and keeps a Hold rating on the shares. The firm’s preference into 2025 among the property and casualty insurance and insurtech space remains personal lines, citing strong and improving fundamentals and hard market conditions that will possibly be extended should tariffs be placed, while it believes it is “still too early to become more constructive on commercial lines,” the analyst tells investors in a group outlook note.