- BofA Merrill Lynch slashes Travelers (NYSE:TRV) 2019 estimates citing the high risk of reserve charges in its commercial insurance business in 2H19 and multiple expansion.
- Analyst Cohen downgrades the company to neutral and lowers PT to $156 (6.5% upside) from $165.
- Quant rating neutral; Sell side rating hold
BofA Merrill Lynch cut at Travelers on valuation
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About TRV Stock
Related Stocks
Symbol | Last Price | % Chg |
---|---|---|
TRV | - | - |
The Travelers Companies, Inc. |