TD Cowen Maintains Buy on Travelers Companies, Lowers Price Target to $252
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Frank Lee maintains a Buy rating on Travelers Companies (NYSE:TRV) but lowers the price target from $261 to $252.

April 23, 2024 | 4:51 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
TD Cowen maintains a Buy rating on Travelers Companies but lowers the price target from $261 to $252.
The adjustment in price target by TD Cowen reflects a slight change in valuation expectations for Travelers Companies, though the Buy rating indicates continued confidence in the company's performance. This could lead to mixed reactions in the short term, as the market digests the lower price target against the backdrop of sustained analyst confidence.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100