UBS Maintains Neutral on Travelers Companies, Raises Price Target to $270
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Brian Meredith maintains a Neutral rating on Travelers Companies (NYSE:TRV) but raises the price target from $244 to $270.
October 22, 2024 | 2:48 pm
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UBS analyst Brian Meredith has maintained a Neutral rating on Travelers Companies but increased the price target from $244 to $270, indicating a positive outlook on the stock's potential value.
The increase in the price target from $244 to $270 suggests that UBS sees potential for growth in Travelers Companies' stock value. Although the rating remains Neutral, the higher price target indicates a more optimistic view on the company's future performance, which could positively influence investor sentiment and the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100