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Fly News Breaks for January 22, 2020
HIG
Jan 22, 2020 | 08:11 EDT
As previously reported, Buckingham analyst Amit Kumar downgraded Hartford Financial to Neutral from Buy with an unchanged price target of $63, citing valuation after the stock gained 38% in 2019. He feels that the current multiple of 1.3 times forward book is "more appropriate," Kumar added.