Goldman Sachs Maintains Sell on Travelers Companies, Raises Price Target to $245
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Alex Scott maintains a Sell rating on Travelers Companies (NYSE:TRV) but raises the price target from $216 to $245.
October 22, 2024 | 2:19 pm
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Goldman Sachs has maintained a Sell rating on Travelers Companies but increased the price target from $216 to $245, indicating a more optimistic view on the stock's potential value despite the negative rating.
The Sell rating suggests a negative outlook, but the raised price target indicates some positive expectations for the stock's value. This mixed message may lead to neutral short-term price movement as investors weigh the implications.
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