Evercore ISI Group Maintains Outperform on Travelers Companies, Lowers Price Target to $250
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst David Motemaden maintains an Outperform rating on Travelers Companies (TRV) but lowers the price target from $253 to $250.
April 18, 2024 | 3:22 pm
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NEUTRAL IMPACT
Evercore ISI Group maintains an Outperform rating on Travelers Companies but lowers the price target from $253 to $250.
The adjustment in price target by Evercore ISI Group, while maintaining an Outperform rating, suggests a slight recalibration of expectations rather than a fundamental change in the company's outlook. This could lead to a neutral short-term impact on TRV's stock price as the market digests the minor adjustment in valuation perspective.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100