The post says Wall Street has turned more cautious after the insurer’s strongest yearly stock run in more than two decades, framing the downgrade wave as a sign that the rally may have peaked.
Travelers Companies has reportedly been hit with a wave of analyst downgrades after posting its best annual stock performance since 2000. The item frames the shift in Wall Street sentiment as a sign that expectations have become harder to beat after a strong rally, with the verdict described as: "the run is over." That kind of reversal often follows outsized gains, when analysts reassess valuation and future upside after a stock’s sharp advance.