Morgan Stanley Initiates Coverage On Travelers Companies with Equal-Weight Rating, Announces Price Target of $185
Portfolio Pulse from richadhand@benzinga.com
Morgan Stanley analyst Michael Phillips initiates coverage on Travelers Companies (NYSE:TRV) with an Equal-Weight rating and a price target of $185.
June 20, 2023 | 11:08 am
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Morgan Stanley initiates coverage on Travelers Companies with an Equal-Weight rating and a price target of $185.
Morgan Stanley's initiation of coverage on Travelers Companies with an Equal-Weight rating suggests a neutral outlook for the stock. The price target of $185 indicates the analyst's expectation for the stock's performance. This news is directly related to TRV and is important for investors, but the neutral rating suggests no significant short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100