TD Cowen initiated coverage of Marsh McLennan with a Market Perform rating and $189 price target. The analyst says Mars is poised to continue a solid run of underlying growth. However, TD has ascribed “generous valuations to its segments and the stock upside appears limited,” the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on MMC:
- Marsh McLennan downgraded to Sell from Buy at Goldman Sachs
- Stoch Analytics Acquires Atlas Software Business from Oliver Wyman
- Marsh McLennan just downgraded at Keefe Bruyette, here’s why
- Marsh McLennan’s Oliver Wyman to Acquire SeaTec Consulting Inc.
- Marsh McLennan unit Oliver Wyman acquires SeaTec Consulting