Citi reinstated coverage of Aon plc with a Neutral rating and $309 price target. The analyst is cautious on the company’s organic growth underperformance, near-term disruption from the acquisition of NFP and multi-year transformation program. Although Citi is optimistic about Aon unlocking value from NFP given its capital firepower, innovation, and focus on data/analytics, this is longer-term catalyst, the analyst tells investors in a research note.
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