Marsh McLennan price target raised to $200 from $195 at RBC Capital

RBC Capital analyst Mark Dwelle raised the firm’s price target on Marsh McLennan to $200 from $195 but keeps a Sector Perform rating on the shares. The company’s Q3 earnings beat was a strong showing that was led by a good top- and bottom-line result in Consulting margins, the analyst tells investors in a research note. Organic growth at Risk & Insurance Services segment was “solid”, even though U.S./Canada organic growth decelerated slightly, RBC states, adding that it would look for a better valuation entry point to become involved.