Evercore ISI analyst David Motemaden lowered the firm’s price target on Chubb (CB) to $312 from $315 and keeps an Outperform rating on the shares. While stating that Chubb “delivered a solid headline EPS beat,” the analyst contends that the focus remains on resolving the commercial lines’ challenges and the sustainability of personal lines’ performance in a competitive landscape.
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Read More on CB:
- Cautious Outlook on Chubb: Sell Rating Maintained Amid Competitive Pressures and Financial Challenges
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