Travelers (TRV) PT Raised to $330 at Raymond James

Raymond James analyst C. Gregory Peters raised the price target on Travelers (NYSE: TRV) to $330.00 (from $310.00) while maintaining a Strong Buy rating.

The analyst comments "We are raising our 2026 and 2027 operating EPS estimates to $27.00, and $28.00, respectively, reflecting guidance for higher NII and incremental share repurchase activity. We also increased our assumptions for favorable PYD in 2026 and 2027. These tailwinds are partially offset by a 1Q26 catastrophe loss assumption related primarily to Texas freeze exposure and northeastern wind activity, as well as higher personal insurance loss ratio assumptions reflecting expected reductions in homeowners pricing beginning in 2026 as insurance-to-value adjustments are largely worked through the book."

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