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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POSITIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100