Chubb (CB) Earnings Report, Stock Price Higher

<p>Chubb (CB) stock price today was up over 3% following the earnings report. Argus Research's Kevin Heal says that they have reiterated a buy rating on the CB stock due to the solid first-quarter results. He states that Chubb benefits from a strong brand, an experienced management team, and a healthy balance sheet. Argus Research has a $230 price target on the CB stock. Heal discusses how Chubb has high retention rates, improved margins, and the company is seeing growth in overseas operations.</p><p><br></p>