Barclays Maintains Overweight on Travelers Companies, Raises Price Target to $295
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Alex Scott maintains an Overweight rating on Travelers Companies (NYSE:TRV) and raises the price target from $286 to $295.
October 23, 2024 | 1:02 pm
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Barclays analyst Alex Scott has reaffirmed an Overweight rating on Travelers Companies and increased the price target from $286 to $295, indicating a positive outlook.
The increase in price target from $286 to $295 by Barclays suggests a positive outlook for Travelers Companies. The reaffirmation of the Overweight rating indicates confidence in the company's performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100