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Fly News Breaks for December 5, 2019
HIG
Dec 5, 2019 | 05:16 EDT
RBC Capital analyst Mark Dwelle downgraded Hartford Financial Services Group to Sector Perform from Outperform with a price target of $68, down from $70. Small business and workers' compensation, which the company's focus, has seen less pricing traction than the broader industry, Dwelle tells investors in a research note. As such, the analyst sees less room for earnings growth or margin expansion next year for Hartford.
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