Deutsche Bank Provides Color on Hartford Financial Services, Buy

Deutsche Bank provided color on Hartford Financial Services HIG. In a research report published today, Deutsche Bank commented on Hartford's introduction of a new product. In the report, Deutsche Bank states, "On June 4, The Hartford filed a prospectus for the Hartford Portfolio Diversifier HLS (HPD) Fund. This is a key fund option for the company's new variable annuity product. The company expects to start selling the new product in the next few weeks." At the moment, Deutsche Bank has a Buy rating and a price target of $36 on the company's stock. On Monday, Hartford closed the day at $24.91.