Sprint (S), Bank of Montreal (BMO), Allstate (ALL), Markel (MKL) , Chubb (CB), Travelers (TRV), Aon Corp. (AON) were upgraded or downgraded by analysts.
Bank of Montreal (BMO) downgraded to Sector Perform from Outperform at RBC Capital RBC Capital downgraded Bank of Montreal citing valuation.
Allstate (ALL) downgraded to Sector Perform from Outperform at RBC Capital RBC Capital downgraded . Allstate citing underwriting losses, weak premium margin growth, management turnover, and agency morale. Price target lowered to $30 from $33.
Markel (MKL) upgraded to Outperform from Sector Perform at RBC Capital .RBC Capital upgraded Markel citing good mix and a conservative balance sheet. Price target raised to $450 from $410.
Chubb (CB) initiated with an Outperform at Credit Suisse Target $75.
Travelers (TRV) initiated with an Outperform at Credit Suisse Target $59.
Aon Corp. (AON) initiated with an Underperform at Credit Suisse Target $44.
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