Chubb price target raised to $373 from $355 at Keefe Bruyette

Keefe Bruyette raised the firm’s price target on Chubb (CB) to $373 from $355 and keeps an Outperform rating on the shares. Chubb’s solid premium growth and persistently strong core underwriting margins should drive outperformance over the next 12 months, the analyst tells investors in a research note.