--- 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... ### Related Stocks - [TRV.US](https://longbridge.com/en/quote/TRV.US.md) - [GS.US](https://longbridge.com/en/quote/GS.US.md) - [W4VR.SG](https://longbridge.com/en/quote/W4VR.SG.md) ## Related News & Research - [Travelers (TRV) Stock Looks Fully Priced After A 156% Run](https://longbridge.com/en/news/298379354.md) - [NEOS Investment Management LLC Boosts Stake in The Travelers Companies, Inc. $TRV](https://longbridge.com/en/news/298128709.md) - [VIRGINIA RETIREMENT SYSTEMS ET Al Purchases Shares of 160,700 The Travelers Companies, Inc. $TRV](https://longbridge.com/en/news/298199815.md) - [If You Invested $1000 In Travelers Companies Stock 15 Years Ago, You Would Have This Much Today](https://longbridge.com/en/news/297956907.md) - [Will Stronger Underwriting And Higher Investment Income Shift Travelers' (TRV) Profitability Narrative?](https://longbridge.com/en/news/297998715.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**