Chubb (CB) Receives Buy Rating with Raised Price Target from Cit

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Citigroup has re-affirmed its ‘Buy’ rating for Chubb (CB) and increased its price target by 14.93% to $385.00. This follows similar actions from other firms like Mizuho, Wells Fargo, and Evercore ISI Group, who also maintained positive ratings and raised price targets for the insurer. However, GuruFocus’s own estimated GF Value for Chubb suggests a potential downside of 21.61% from its current price.

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