Stock Track | Hanover Insurance (THG) Soars 5.31% on Analyst Upgrade and Major Shareholder Stake Increase

Stock Track

02/05

The stock of Hanover Insurance Group (THG) soared 5.31% in pre-market trading on Wednesday, following positive news from analysts and a major shareholder.

Piper Sandler analyst Paul Newsome reiterated a Buy rating on THG and set a price target of $175, citing the company's strong fundamentals and growth prospects. This bullish analyst call likely contributed to the stock's upward movement.

Additionally, Frasers Group Plc announced an increase in its stake in THG, signaling confidence from a major shareholder. This development could have also boosted investor sentiment towards the stock.

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This bullish analyst call likely contributed to the stock's upward movement.</p>\n\n<p>Additionally, Frasers Group Plc announced an increase in its stake in THG, signaling confidence from a major shareholder. This development could have also boosted investor sentiment towards the stock.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"THG","symbol_name":"汉诺威保险","start_time":0,"source_url":"","article_id":"1113305580","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1113305580","pubTimestamp":1738766679,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"The stock of Hanover Insurance Group  soared 5.31% in pre-market trading on Wednesday, following positive news from analysts and a major shareholder.Piper Sandler analyst Paul Newsome reiterated a Buy rating on THG and set a price target of $175, citing the company's strong fundamentals and growth prospects. 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