Janney Montgomery Scott Initiates Coverage On Travelers Companies with Buy Rating, Announces Price Target of $215
Portfolio Pulse from Benzinga Newsdesk
Janney Montgomery Scott analyst Robert Farnam has initiated coverage on Travelers Companies (NYSE:TRV) with a Buy rating and set a price target of $215.

December 20, 2023 | 5:03 pm
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POSITIVE IMPACT
Travelers Companies received a Buy rating from Janney Montgomery Scott with a price target of $215.
The initiation of coverage by Janney Montgomery Scott with a Buy rating and a price target of $215 is a strong positive endorsement for Travelers Companies. This could lead to increased investor confidence and a potential rise in the stock price in the short term as the market reacts to the analyst's recommendation.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100