Marsh McLennan price target raised to $208 from $200 at RBC Capital

RBC Capital analyst Mark Dwelle raised the firm’s price target on Marsh McLennan to $208 from $200 and keeps a Sector Perform rating on the shares. The company’s Q4 results showed healthy organic growth, though the rate of growth moderated slightly vs. the past few quarters, the analyst tells investors in a research note. Marsh McLennan remains active with capital management and 2023 was one of its biggest years ever for M&A, RBC adds, noting the firm expects the company’s solid performance to continue in 2024.