The Fed Just Raised Rates–How To Cash In On The Hike
A quarter-point move nudged your borrowing costs higher on Wednesday. It also handed savers and a short list of sectors the best setup they have had in two years.
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Mizuho Maintains Neutral on Chubb, Lowers Price Target to $347
Mizuho analyst Yaron Kinar maintains Chubb (NYSE:CB) with a Neutral and lowers the price target from $352 to $347.
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Chubb (CB) Increases Despite Market Slip: Here's What You Need to Know
Chubb stock rose 1.06% to $341.85, outperforming a declining broader market. The insurer is expected to report upcoming earnings with EPS forecasted at $6.22 (down 16.96% YoY) and revenue of $16.71 billion (up 3.59% YoY). For the full year, Chubb projects earnings of $27.35 per share and revenue of $64.33 billion. The stock holds a Zacks Rank #3 (Hold) with a Forward P/E of 12.37, trading at a premium to its industry average.
Nvidia, Snowflake, Chubb And A Health Care Stock On CNBC’s ‘Final Trades’
CNBC’s final trades: Joshua Brown picked Snowflake, Bill Baruch chose Tempus AI, Malcolm Ethridge favored Chubb, and Stephanie Link recommended Nvidia.