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Travelers upgraded to Buy from Sell at Goldman Sachs
The Fly

Travelers upgraded to Buy from Sell at Goldman Sachs

Goldman Sachs analyst Robert Cox double upgraded Travelers (TRV) to Buy from Sell with a $278 price target Travelers is the best positioned among peers to beat 2025 expectations for a combination of commercial lines underlying profitability and net interest income, with an improving personal lines business “as the kicker,” the analyst tells investors in a research note. The firm believes Travelers is achieving strong pricing stemming from its above-average exposure to commercial auto/excess and umbrella and small commercial.

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