Hartford Financial is initiated a Buy at MKM, with price target of $28. "Management can now...

|About: Hartford Financial Servi... (HIG)|By:, SA News Editor

Hartford Financial is initiated a Buy at MKM, with price target of $28. "Management can now claim HIG is a different company than the seriously wounded one that barely emerged from the financial crisis." There's good reason the stock trades at just 0.5X book, says MKM, but those legacy issues are fading.