BUZZ-Travelers climbs after brokerage KBW upgrades to 'outperform'
Shares of insurance bellwether Travelers TRV.N rise 1.6% to $242.16 in early trading
KBW upgrades TRV shares to "outperform" from "market perform"; raises PT to $286 from $275, a 20% upside to stock's last close
Brokerage says TRV's current price-to-earnings ratio does not properly appreciate firm's near and long-term earnings potential
Adds that TRV's stock has underperformed broader markets in recent months as investors are concerned about rising costs and decelerating property and casualty rate increases
KBW says its year-end 2024 reserve review points towards sustained releases by TRV
Brokerage raises its 2025 estimate for reserve releases by TRV to $392 million from $315 million
Reserves are funds set aside by insurers to meet any future claims it may have to pay
Ten of 26 brokerages rate the stock "buy" or higher, 13 "hold" and three "sell"; their median PT is $277, according to data compiled by LSEG
TRV jumped 26.5% in 2024
Related Articles
Gold and Silver February Summary: Safe-Haven and Speculation Resonance, Precious Metals See Double Boost From Sentiment and Speculative Funds
TradingKey - In February 2026, the precious metals market strengthened significantly against a backdrop of rising geopolitical risks and fluctuating macroeconomic expectations. Gold (XAUUSD) and silver (XAGUSD) not only extended their strong performance since the beginning of the year but also showed signs of accelerated upward momentum toward the end of the month.
How Tesla Survives the Cold Winter, Will Tesla Stock Continue to Fall in 2026?
TradingKey — Recently, weighed down by earnings missing expectations and factors such as AI bubble and disruption theories, Tesla (TSLA) shares have continued to slide, falling nearly 20% from their December 2025 peak.
U.S.-Iran Nuclear Negotiations Reach Impasse. Safe-Haven Flows Pour Into Gold and Silver as Crypto Market Comes Under Pressure
Negotiations between the United States and Iran have collapsed, triggering a sharp rise in safe-haven demand. Gold and silver attracted capital inflows, while the crypto market remained sluggish.
The Hotter AI Gets, the More Attractive “Bricks” Become? Wall Street's HALO Craze Turns Heavy Assets Red-Hot
TradingKey - As AI technology continues to lower the barriers to replication for virtual products, global asset pricing logic is undergoing a subtle shift—tangible assets rooted in the physical world that are difficult to replace digitally are regaining significant favor from capital. This trend has
Nvidia Q4 Earnings Beat Expectations but Stock Plunges 5.5%, $260 Billion in Market Value Erased Overnight, Why Are Investors Voting With Their Feet?
TradingKey - On February 25, 2026, global AI chip leader Nvidia (NVDA) released its fiscal 2026 fourth-quarter earnings report. Revenue, net profit, and data center business all significantly exceeded Wall Street consensus expectations, delivering a "stellar" set of results.
