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Fly News Breaks for August 1, 2019
CINF
Aug 1, 2019 | 08:22 EDT
RBC Capital analyst Mark Dwelle raised his price target on Cincinnati Financial to $105 after its Q2 earnings beat, stating that the quarter's "good" reserve releases metric offset higher catastrophe losses. The analyst keeps his Sector Perform rating on Cincinnati Financial based on the stock's current valuation, but believes the company is executing well in a "favorable" market.
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