Chubb price target raised to $285 from $278 at Wells Fargo

Wells Fargo raised the firm’s price target on Chubb to $285 from $278 and keeps an Equal Weight rating on the shares ahead of quarterly results. The firm says the focus should be on pricing, loss trend, and reserves for P&C companies, organic and margin for brokers, and sales/VII/capital for life companies. In P&C, the firm is bullish Hartford Financial (HIG) and bearish Chubb (CB).