Argus analyst Kevin Heal raised his price target on The Travelers Companies, Inc. (TRV) to $295 from $287 and reiterated a Buy rating after the company reported a strong fourth-quarter earnings beat. Travelers exceeded Wall Street profit estimates, with net written premiums increasing to $10.86 billion. Catastrophe losses totaled $95 million, mainly from winter storms. The company’s combined ratio improved to 82.2%. Travelers is focusing on disciplined underwriting and raising prices on auto and homeowners policies. The company operates in property and casualty insurance across various segments.

Read more at Yahoo Finance: Argus Raises Travelers (TRV) Target After Strong Q4 Earnings Beat