Chubb price target raised to $278 from $268 at Wells Fargo

Wells Fargo analyst Elyse Greenspan raised the firm’s price target on Chubb (CB) to $278 from $268 and keeps an Equal Weight rating on the shares. The firm notes shares traded down post a good quarter, which it attributes to comments around tariff uncertainty plus questions on why they lowered their commercial loss trend assumption during a period of volatility.