Travelers Posts Record Core Income, But Analysts Flag Peaking Earnings
Evercore ISI raised its price target on Travelers after the insurer reported $1.947 billion in core income, even as some analysts warn the current pace of underwriting and investment gains may be as good as it gets.
Travelers reported $1.947 billion in core income for the third quarter of 2026, a record driven by underwriting and investment results, prompting Evercore ISI to raise its price target on the stock.
BREAKING STORYBULLISH