Morgan Stanley Maintains Equal-Weight on Chubb, Raises Price Target to $209
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Michael Phillips has maintained an Equal-Weight rating on Chubb (NYSE:CB) and raised the price target from $192 to $209.
August 04, 2023 | 9:24 am
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Morgan Stanley has maintained an Equal-Weight rating on Chubb and raised the price target from $192 to $209. This could potentially lead to an increase in the stock's price.
The raised price target by Morgan Stanley indicates a positive outlook for Chubb. This could potentially lead to an increase in the stock's price as it suggests that the analyst believes the stock is undervalued at its current price.
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IMPORTANCE 80
RELEVANCE 100