UBS Maintains Neutral on Chubb, Raises Price Target to $245
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Brian Meredith has maintained a Neutral rating on Chubb (NYSE:CB) and increased the price target from $235 to $245.
January 10, 2024 | 1:28 pm
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UBS has maintained a Neutral rating on Chubb and raised the price target from $235 to $245, indicating a positive outlook on the stock's value.
The increase in price target by UBS suggests that the analyst sees potential for the stock to rise to the new target, which could positively influence investor sentiment and the stock price in the short term. However, since the rating remains Neutral, the impact may be moderate as it does not indicate a strong buy or sell position.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100