BofA raised the firm’s price target on Cincinnati Financial (CINF) to $160 from $153 and keeps a Buy rating on the shares. The firm’s EPS forecasts rise “a touch” on higher-than-expected premium growth that extends through 2027, though its price objective rises “mostly on having previously been overly punitive” in the firm’s forecast of equity portfolio decline in Q1, the analyst tells investors in a post-earnings note.
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Read More on CINF:
- Cincinnati Financial’s Strong Q1 2025 Performance and Strategic Growth Drive Buy Rating
- Cincinnati Financial reports Q1 non-GAAP EPS (24c), consensus (61c)
- CINF Earnings Report this Week: Is It a Buy, Ahead of Earnings?
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