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Fly News Breaks for January 6, 2020
TRV
Jan 6, 2020 | 07:15 EDT
As previously reported, Wells Fargo analyst Elyse Greenspan downgraded Travelers to Underweight from Equal Weight with a $136 price target. The analyst notes that Travelers has been raising its loss picks and there is a risk that it will not hit their 2020 margin targets with the potential for rising social inflation.