BMO Capital Maintains Outperform on Travelers Companies, Raises Price Target to $270
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Michael Zaremski has maintained an 'Outperform' rating on Travelers Companies (NYSE:TRV) and raised the price target from $233 to $270.
October 22, 2024 | 5:11 pm
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BMO Capital has reaffirmed its 'Outperform' rating for Travelers Companies and increased the price target to $270, indicating positive expectations for the stock.
The increase in price target from $233 to $270 by BMO Capital suggests a positive outlook for Travelers Companies. The 'Outperform' rating indicates that the analyst expects the stock to perform better than the market average, which is likely to boost investor confidence and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100