Barclays analyst Alex Scott downgraded Chubb Limited (NYSE:CB) stock to “Equal Weight” from “Overweight” with a price target of $298, citing cautiousness on property and casualty carriers due to softening rates and unfavorable mix shift. However, Barclays remains optimistic about reinsurers for the second half of the year. In Q1 2025, Chubb Limited reported $1.5 billion in core operating income with growth across various income streams. The company’s focus on risk selection, pricing discipline, and global presence contribute to its stability in underwriting results. Despite potential in Chubb Limited, other AI stocks may offer greater upside potential and less downside risk.

Read more at Yahoo Finance: Barclays Downgraded Chubb (CB) Stock to Equal Weight