Keefe, Bruyette & Woods Maintains Market Perform on CNA Financial, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Meyer Shields maintains a 'Market Perform' rating on CNA Financial (NYSE:CNA) and raises the price target from $48 to $50.
April 10, 2024 | 2:33 pm
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CNA Financial's price target has been raised from $48 to $50 by Keefe, Bruyette & Woods, while maintaining a 'Market Perform' rating.
The increase in price target by a reputable analyst firm like Keefe, Bruyette & Woods typically signals a positive outlook on the stock, suggesting a potential upside. However, the 'Market Perform' rating indicates that the stock might perform in line with the market, tempering expectations for a significant short-term price movement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100