Deutsche Bank Makes Positive Comments on Hartford Financial (HIG), Sees A Double In 3-Years

Deutsche Bank issued some positive comments on Hartford Financial (NSYE: HIG) saying the new TARP and equity capital insulates the company from significant credit and equity market deterioration.

Deutsche Bank said the stock, which is trading at 25% of book (x-AOCI), is suggesting almost zero value for the life insurance operations. The firm is maintaining their $19 price target. And said the stock offers potentially more than 100% upside over a three-year period...

StreetInsider: Deutsche Bank Makes Positive Comments on Hartford Financial (HIG), Sees A Double In 3-Years