Keefe Bruyette raised the firm’s price target on Travelers (TRV) to $342 from $340 and keeps an Outperform rating on the shares. Strong earnings and solid capital return should boost the shares over the next 12 months, the analyst tells investors in a research note.
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Read More on TRV:
- Travelers price target raised to $321 from $317 at Evercore ISI
- Balancing Strong Underwriting Fundamentals Against Muted Growth: Rationale for Maintaining a Hold on Travelers (TRV)
- Travelers Companies Inc. Signals Durable Earnings Momentum
- Travelers: Strong Current Profitability but Mounting Pricing Pressures Justify Hold Rating
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