Chubb price target raised to $325 from $300 at JMP Securities

JMP Securities raised the firm’s price target on Chubb (CB) to $325 from $300 and keeps an Outperform rating on the shares. Chubb’s Q3 results beat both the firm’s estimates and consensus, and JMP continues to highlight the stock as a top pick as it believes Chubb’s larger-than-peers exposure to global markets will result in better growth over the long run, the analyst tells investors in a research note.