Cincinnati Financial downgraded to Market Perform from Outperform at Keefe Bruyette
Keefe Bruyette downgraded Cincinnati Financial to Market Perform from Outperform with a price target of $201, up from $191. Following recent strength, valuation appears fairly balanced between solid near-term earnings expectations and slowing pricing trends in small-account and middle-market commercial P&C insurance, the analyst tells investors in a research note.
Keefe Bruyette downgraded Cincinnati Financial to Market Perform from Outperform with a price target of $201, up from $191.
Following recent strength, valuation appears fairly balanced between solid near-term earnings expectations and slowing pricing trends in small-account and middle-market commercial P&C insurance, the analyst tells investors in a research note.