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Marsh McLennan price target lowered to $237 from $243 at Evercore ISI

Evercore ISI lowered the firm’s price target on Marsh McLennan (MMC) to $237 from $243 and keeps an Outperform rating on the shares. Softer Q3 growth could worsen in Q4, but Thrive cost savings provide earnings upside as the company remains positioned to leverage its cost-saving initiatives for future margin improvements, the analyst tells investors.

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