Hartford Financial (HIG +1%) ended higher after Stifel Nicolaus added shares to its Select List...

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

Hartford Financial (HIG +1%) ended higher after Stifel Nicolaus added shares to its Select List and raised its target price to $28 from $25. Noting HIG is undervalued, the firm thinks shares will outperform as core P&C results improve, and as the financial services company finalizes and discloses its planned use of the $2.2B of statutory capital freed up from recent unit sales.