Stifel analyst Shlomo Rosenbaum raised the firm’s price target on Willis Towers Watson (WTW) to $255 from $228 and keeps a Hold rating on the shares. Though Willis Towers seems to be closing the organic growth gap with Aon plc (AON) and Marsh McLennan (MMC), this "has as much to do with slower growth at competitors" as it does with Willis’ improved growth, said the firm, which adds that it thinks "it will be a stretch" for the company to achieve most of its revised 2024 targets.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on WTW:
- WTW appoints Wendy Crosley Global Director of Underwriting Transformation and Automation
- Willis Towers Watson sees FY23 organic revenue growth mid-single digits
- WTW Reports Fourth Quarter and Full Year 2022 Earnings
- Willis Towers Watson reports Q4 adjusted EPS $6.33, consensus $6.22
- WTW Announces Regular Quarterly Dividend