UBS Maintains Neutral on Travelers Companies, Lowers Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Brian Meredith has maintained a Neutral rating on Travelers Companies (NYSE:TRV) and lowered the price target from $237 to $230.

April 22, 2024 | 6:47 pm
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NEUTRAL IMPACT
UBS maintains a Neutral rating on Travelers Companies and lowers the price target from $237 to $230.
The adjustment in price target by UBS reflects a recalibration of expectations for Travelers Companies, likely due to updated financial analysis or market conditions. However, maintaining a Neutral rating indicates that the analyst does not foresee significant stock movement in either direction in the short term. The lowered price target might slightly dampen investor sentiment but is not expected to cause a significant price movement given the neutral stance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100