BMO Capital analyst Michael Zaremski lowered the firm’s price target on Aon plc to $325 from $350 and keeps a Market Perform rating on the shares after its announced NFP acquisition. The reduced price target reflects an overhang related to the deal’s execution risks plus potential future stock sales by some owners of NFP who will be receiving Aon stock, the analyst tells investors in a research note.
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Read More on AON:
- Aon plc price target lowered to $295 from $304 at Wells Fargo
- Aon plc falls -7.2%
- M & A News: AON Tanks on $13.4B NFP Acquisition
- Aon to acquire NFP, a leading middle-market provider of risk, benefits, wealth and retirement plan advisory solutions
- Aon plc to acquire NFP for $13.4B in cash and stock, sees accretion in 2027
