RBC Capital raised the firm’s price target on Aon plc (AON) to $390 from $365 and keeps a Sector Perform rating on the shares. Organic growth picked up in Q3 vs. first half 2024 levels with all units reporting broad-based strength, and Aon’s organic growth rate for Q3 was comparable to or even better than some peers after lagging in recent quarters, the analyst tells investors in a research note. Additionally, cost savings have started to flow in with much more to come on that front in the coming quarters, the firm contends.
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