Loews (NYSE:L) Downgraded by StockNews.com to "Buy"

Market Beat
2024.11.20 08:24
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Loews (NYSE:L) has been downgraded by StockNews.com from a "strong-buy" to a "buy" rating. This follows a series of mixed analyst ratings, including an upgrade to "moderate buy" by Royal Bank of Canada. The stock opened at $50.14, with a market cap of $16.32 billion. Recent insider trading saw Director Andrew H. Tisch sell 50,000 shares. Institutional investors hold 58.33% of the stock, indicating significant interest in the company, which provides commercial property and casualty insurance.