Hartford Financial added to Select List at Stifel Nicolaus As noted earlier, Stifel Nicolaus added Hartford Financial to its Select List. The firm thinks that the stock will outperform as the company's core P&C results improve, and it releases information on how it will spend $2.2B in excess capital. Target raised to $28 from $25.
Hartford Financial downgraded to Neutral from Buy at Citigroup Citigroup downgraded Hartford Financial to Neutral citing valuation. The firm believes the stock is pricing in Hartford's restructuring. Citi raised its price target for shares to $44 from $41.