Raymond James analyst C. Gregory Peters raised the firm’s price target on Marsh McLennan to $185 from $180 and keeps an Outperform rating on the shares. Marsh McLennan has increased revenues at a ~6% CAGR over the last 10-years compared with AON’s CAGR of ~1%, and Raymond James thinks this trend could continue, which should provide Marsh McLennan with more potential margin improvement, the analyst tells investors in a research note.
Published first on TheFly
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