Travelers (TRV) Tops Q2 EPS by 60c

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Travelers (TRV) Positioned to 'Continue Outperforming' - Raymond James

July 25, 2022 12:13 PM EDT

Raymond James analyst Gregory Peters upgraded shares of Travelers (NYSE: TRV) to Strong Buy from Market Perform, initiating a $185 per share price target in a note Monday.

Following the Raymond James note, TRV shares climbed more than 2%.

Peters said the firm is maintaining its 2022E operating EPS of $13.30 and raising its 2023E operating EPS to $14.40 from $14.35. Raymond James... More