Wells Fargo upgraded Aon plc (AON) to Equal Weight from Underweight with a price target of $377, up from $315. The “worst seems to be behind” the company, as its organic growth has stabilized, acquisition revenue is bouncing back, and NFP is benefiting growth, the analyst tells investors in a research note. The firm says that while Aon’s free cash flow will be hindered in near term, better organic should support the shares.
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