Morgan Stanley Reiterates Equal-Weight on Travelers Companies, Maintains $185 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Michael Phillips has reiterated an Equal-Weight rating on Travelers Companies (NYSE:TRV) and maintained a price target of $185.
July 21, 2023 | 3:13 pm
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Morgan Stanley has reiterated an Equal-Weight rating on Travelers Companies and maintained a price target of $185.
The news is directly about Travelers Companies and its rating by Morgan Stanley. The Equal-Weight rating suggests that the stock is expected to perform in line with the market or other stocks in its sector. The maintained price target indicates that the analyst's view on the company's valuation has not changed. This could have a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100