Credit Suisse analyst Andrew Kligerman raised the price target on Marsh McLennan to $172 from $157 and keeps a Neutral rating on the shares. The firm notes Marsh McLennan is rolling out its new "Ready" strategy, which aims to unlock growth opportunities and savings. Additionally, Credit Suisse believes a big M&A appears unlikely, but Marsh McLennan Agency is "just getting started." Tight reinsurance markets will result in a "good" year for Guy Carpenter, but longstanding client contracts cap commissions to varying degrees, the firm ads.
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Published first on TheFly
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