---
title: "Travelers downgraded to sell at Goldman Sachs Research after Q2 earnings"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293224775.md"
description: "Goldman Sachs Research downgraded Travelers Companies (TRV) to Sell following its strong Q2 earnings, citing a weaker risk/reward profile and above-soft-market valuation. Despite beating consensus on underwriting and investment income, analysts believe the stock price reflects peak sustainability of ROEs. The firm set a $350 price target, highlighting risks from TRV's exposure to shorter-tail products where pricing declines may impact margins faster than peers."
datetime: "2026-07-20T13:53:47.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293224775.md)
  - [en](https://longbridge.com/en/news/293224775.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293224775.md)
generator: "portal-rs"
---

# Travelers downgraded to sell at Goldman Sachs Research after Q2 earnings

Travelers Companies (TRV) was trading lower after Goldman Sachs Research downgraded the stock post the insurer's second-quarter earnings. Shares were 1.04% down at $365.13 during pre-market trading on Monday. The New York-based company's Q2 earnings blew past consensus on the back of strong underwriting income, investment income, and favorable rese...

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**