Piper Sandler analyst Paul Newsome raised the firm’s price target on Cincinnati Financial to $110 from $105 and keeps a Neutral rating on the shares following quarterly results. The firm highlights a significantly better than expected result driven by lower than expected catastrophe losses.
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Read More on CINF:
- Cincinnati Financial reports Q3 adjusted EPS $1.66 , consensus $1.15
- Cincinnati Financial Reports Third-Quarter 2023 Results
- Cincinnati Financial (CINF) Q3 Earnings Cheat Sheet
- Cincinnati Financial price target lowered to $105 from $117 at Piper Sandler
- Cincinnati Financial management to meet virtually with Piper Sandler
