Wells Fargo Maintains Equal-Weight on Chubb, Lowers Price Target to $266
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Elyse Greenspan has maintained an Equal-Weight rating on Chubb (NYSE:CB) but has lowered the price target from $269 to $266.
October 31, 2024 | 8:04 pm
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Wells Fargo has maintained an Equal-Weight rating on Chubb but reduced the price target from $269 to $266, indicating a slightly less optimistic outlook.
The lowering of the price target by Wells Fargo suggests a slightly less optimistic view on Chubb's stock performance, which could lead to a short-term negative impact on the stock price. The Equal-Weight rating indicates a neutral stance, but the reduced price target may influence investor sentiment negatively.
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