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Stock impact report

Cincinnati Financial Corporation (CINF) Target Raised as Insurer Results Seen as Mixed [Yahoo! Finance]

Cincinnati Financial Corporation (CINF) 
Last cincinnati financial corporation earnings: 4/27 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
On December 22, Piper Sandler raised its price target on Cincinnati Financial Corporation (NASDAQ:CINF) to $157 from $150 and kept a Neutral rating. Looking across the sector, the firm expects fourth-quarter results to be uneven. Favorable weather should support strong, and in some cases better-than-expected, results for many insurers. Pricing commentary, though, may sound more cautious. One thing to watch is whether insurers still believe they are achieving rate increases that outpace claims inflation. Cincinnati Financial Corporation (NASDAQ:CINF) operates in the property and casualty insurance business. It is not flashy, but it is steady. The company stands out for how it balances risk while pricing policies with discipline. Its long record of dividend growth and consistent profitability shows that the approach has worked, even during difficult periods. The company tends to perform well during periods of economic growth or inflation. As the economy expands, premiums rise gradu Show less Read more
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