UBS Maintains Neutral on Travelers Companies, Raises Price Target to $225
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Brian Meredith has maintained a Neutral rating on Travelers Companies (NYSE:TRV) and increased the price target from $205 to $225.
January 23, 2024 | 3:39 pm
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UBS has maintained a Neutral rating on Travelers Companies and raised the price target to $225, indicating a potential upside from the previous target of $205.
The increase in price target by UBS suggests a positive outlook on the stock's value, potentially leading to increased investor interest and a short-term rise in stock price. However, the Neutral rating indicates that the analyst does not see significant outperformance relative to the market or sector.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100