Why Chubb's Stock Is Trading Higher Today

Chubb Ltd CB shares are trading higher on Tuesday after getting an upgrade.

Deutsche Bank analyst Phil Stefano upgraded the company's stock from Sell to Hold and announced a $140 price target.

Chubb, through its subsidiaries, provides insurance and reinsurance products worldwide.

Chubb shares were trading up 0.90% at $120.74 on Tuesday. The stock has a 52-week high of $167.74 and a 52-week low of $87.35.