BofA analyst Joshua Shanker raised the firm’s price target on Cincinnati Financial (CINF) to $186 from $184 and keeps a Buy rating on the shares. The firm’s EPS forecasts rise as the Q3 beat flows through its model, the analyst tells investors in a post-earnings note.
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Read More on CINF:
- Cincinnati Financial posts ‘benign’ Q3 for catastrophe loss, says Roth Capital
- Cincinnati Financial reports Q3 non-GAAP EPS $2.85, consensus $2.06
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- Cincinnati Financial price target raised to $184 from $171 at BofA