JP Morgan Maintains Neutral on Chubb, Raises Price Target to $266
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jimmy Bhullar maintains a Neutral rating on Chubb (NYSE:CB) and raises the price target from $253 to $266.

April 08, 2024 | 8:11 pm
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JP Morgan analyst Jimmy Bhullar maintains a Neutral rating on Chubb and raises the price target from $253 to $266.
The increase in price target by a reputable analyst like Jimmy Bhullar from JP Morgan suggests a positive outlook on Chubb's stock value in the short term, despite maintaining a Neutral rating. This adjustment reflects an expectation of stronger performance or favorable market conditions for Chubb, potentially leading to increased investor interest and a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 90