Goldman Sachs Upgrades Hartford Financial Services (HIG) to Buy, Sees Reversion Trade

Goldman Sachs upgraded Hartford Financial Services (NYSE: HIG) from Neutral to Buy with a price target of $23.

The firm expects a near-term reversion trade, but said longer-term they expect reversal of its multi-line strategy could unlock value.

For an analyst ratings summary and ratings history on Hartford Financial Services click here. For more ratings news on Hartford Financial Services click here.

Shares of Hartford Financial Services closed at $16.37 yesterday, with a 52 week range of $14.56-$31.08.

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