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Fly News Breaks for November 15, 2016
CB
Nov 15, 2016 | 07:21 EDT
Goldman analyst Michael Nannizzi downgraded Chubb to Neutral and lowered its price target to $133 from $140. The analyst said Chubb has been the beneficiary of low rates and given share outperformance and the prospects of rising interest rates, expects investors to rotate towards interest-rate sensitive names.
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