B of A Securities Upgrades Chubb to Neutral, Raises Price Target to $266
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has upgraded Chubb (NYSE:CB) from Underperform to Neutral and raised the price target from $244 to $266.
May 23, 2024 | 10:33 am
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POSITIVE IMPACT
B of A Securities has upgraded Chubb from Underperform to Neutral and increased the price target from $244 to $266, indicating a more positive outlook on the stock.
The upgrade from Underperform to Neutral and the raised price target suggest that B of A Securities sees improved performance potential for Chubb. This positive analyst rating is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100