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One platform for global traditional assets
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BMO Capital Lifts Travelers (TRV) Target, Roth Capital Follows After Strong Q1 Results
BMO Capital and Roth Capital recently raised their price targets for The Travelers Companies, Inc. (TRV) following the company’s strong Q1 results. BMO Capital increased its target to $314, reiterating an Outperform rating due to expected EPS revision trendline improvements and potential upside from net investment income. Roth Capital lifted its target to $345, maintaining a Buy rating, citing better-than-expected Q1 results driven by favorable loss reserve development and strong underwriting performance.