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Aon plc upgraded to In Line at Evercore ISI on discounted valuation
The Fly

Aon plc upgraded to In Line at Evercore ISI on discounted valuation

As previously reported, Evercore ISI analyst David Motemaden upgraded Aon plc to In Line from Underperform with a price target of $330, up from $294. While his own organic revenue growth estimates remain below consensus, he is no longer below consensus in terms of his earnings forecast, Motemaden tells investors. The weak organic revenue growth is reflected in valuation, as the stock now trades at "a decent discount" to Marsh McLennan (MMC), Motemaden added.

Published first on TheFly

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