This Is What Whales Are Betting On Travelers Companies
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on Travelers Companies (NYSE:TRV), with 60% of investors opening trades with bullish expectations and 40% with bearish. The whale has been targeting a price range from $155.0 to $195.0 for Travelers Companies over the last 3 months. Piper Sandler maintains a Neutral rating on Travelers Companies with a price target of $176, while Morgan Stanley downgraded its action to Equal-Weight with a price target of $185.
July 12, 2023 | 8:03 pm
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A whale investor has taken a bullish stance on Travelers Companies, with a majority of investors opening trades with bullish expectations. Analysts have mixed views, with Piper Sandler maintaining a Neutral rating and Morgan Stanley downgrading to Equal-Weight.
The bullish stance of a whale investor, along with the majority of investors opening trades with bullish expectations, indicates a positive short-term impact on Travelers Companies. However, the mixed views of analysts, with Piper Sandler maintaining a Neutral rating and Morgan Stanley downgrading to Equal-Weight, could create some uncertainty.
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IMPORTANCE 80
RELEVANCE 100