Cincinnati Financial shares are trading higher after B of A Securities upgraded the stock from Neutral to Buy and raised its price target from $113 to $117.
Portfolio Pulse from Benzinga Newsdesk
Cincinnati Financial's stock has been upgraded from Neutral to Buy by B of A Securities, with a raised price target from $113 to $117.
May 18, 2023 | 5:03 pm
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Cincinnati Financial shares are trading higher after B of A Securities upgraded the stock from Neutral to Buy and raised its price target from $113 to $117.
The upgrade from B of A Securities is a positive signal for Cincinnati Financial, as it indicates increased confidence in the company's performance. The raised price target suggests that the stock has potential for growth, which is likely to attract more investors and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100