RBC Capital Maintains Sector Perform on Travelers Companies, Raises Price Target to $273
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Scott Heleniak maintains a Sector Perform rating on Travelers Companies (NYSE:TRV) and raises the price target from $250 to $273.
October 18, 2024 | 2:05 pm
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RBC Capital has increased the price target for Travelers Companies from $250 to $273 while maintaining a Sector Perform rating.
The increase in price target from $250 to $273 by RBC Capital suggests a positive outlook on Travelers Companies' future performance, which could lead to a short-term positive impact on the stock price. However, the maintained Sector Perform rating indicates that the stock is expected to perform in line with the sector, which tempers the overall impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100