Raymond James Boosts Chubb (CB) Target Price, Reaffirms Strong Buy Recommendation | CB Stock News

1 day ago

Investment firm Raymond James has increased its price target for insurance giant Chubb (CB, Financial) from $320 to $340. This optimistic revision is accompanied by a reaffirmation of their Strong Buy rating on the company's shares.

The decision comes with the expectation that Chubb is well-positioned to deliver double-digit core operating earnings growth by 2026. Raymond James noted that this projection is based on the company's stable underlying financial performance.

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