BofA analyst Joshua Shanker upgraded Marsh McLennan to Neutral from Underperform with a price target of $210, up from $189, following a Q2 beat that the firm says was “powered by robust organic revenue growth” despite a tough year-over-year comparison. The firm sees an improved underlying business outlook, the analyst added.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on MMC:
- MMC Earnings this Week: How Will it Perform?
- Marsh McLennan Agency acquires Trideo Systems, terms not disclosed
- Marsh McLennan increases quarterly dividend 20% to 71c per share
- Marsh McLennan Agency acquires Integrity HR, terms not disclosed
- Marsh McLennan price target raised to $197 from $182 at JPMorgan