Chubb price target raised to $305 from $293 at Wells Fargo

Wells Fargo raised the firm’s price target on Chubb (CB) to $305 from $293 and keeps an Equal Weight rating on the shares. Into quarterly results for the insurance space, the firm says the focus should be on pricing, loss trend, and reserves for P&C companies, organic and margin for brokers, and sales/capital/guidance for life companies.