Wells Fargo analyst Elyse Greenspan lowered the firm’s price target on Aon plc to $287 from $289 and keeps an Underweight rating on the shares. The firm updated its revenue estimates for NFP as M&A has started off lighter than expected. While the bigger focus at Aon is lower organic growth in Commercial Risk, Wells thinks lower revenue at NFP could also lead to estimates falling short of expectations.
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