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Fly News Breaks for January 10, 2020
TRV
Jan 10, 2020 | 04:52 EDT
Keefe Bruyette analyst Meyer Shields downgraded Travelers to Underperform from Market Perform with a price target of $125, down from $144. The analyst expects core underwriting margin pressure in personal lines and workers compensation, and likely limited overall reserve development, to lead Travelers shares to underperform the peer group.
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