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Fly News Breaks for August 13, 2018
CB
Aug 13, 2018 | 16:57 EDT
Deutsche Bank analyst Joshua Shanker downgraded Chubb to Sell and lowered his price target for the shares to $126 from $135. The company's recent quarterly results show that Chubb, post-merger, is unable to grow its business at the levels of its peers, Shanker tells investors in a research note. Further, the analyst believes the company is unlikely to maintain its current underwriting margins and that consensus estimates will need to be revised downward.
News For CB From the Last 2 Days
CB
Apr 23, 2024 | 17:33 EDT
Check out this evening's top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGSAudioEye (AEYE) up... To see the rest of the story go to thefly.com. See Story Here