A.M. Best Comments on Credit Ratings of The Hartford Financial Services Group, Inc. Following Announced Transaction with Aetna Inc.

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Hartford Financial Services (HIG) PT Raised to $60 at UBS Following Announced Aetna Group Benefits Acquisition

October 24, 2017 10:29 AM EDT

UBS raised its price target on Hartford Financial Services (NYSE: HIG) to $60.00 (from $58.00) while maintaining a Buy rating following the company's announced acquisition of Aetna's U.S. Group Life & Disability business for $1.45bb in cash. The deal will be funded through dividends from... More