Marsh McLennan price target raised to $208 from $200 at Wells Fargo

Wells Fargo raised the firm’s price target on Marsh McLennan to $208 from $200 and keeps an Overweight rating on the shares. Marsh McLennan shares traded higher on earnings reflecting the strong organic growth, more expense savings in 2023, and a good outlook for the remainder of the year, the analyst tells investors in a research note.