B of A Securities Upgrades Marsh & McLennan to Neutral, Raises Price Target to $210
Portfolio Pulse from richadhand@benzinga.com
B of A Securities analyst Joshua Shanker has upgraded Marsh & McLennan (NYSE:MMC) from Underperform to Neutral and raised the price target from $189 to $210.
July 21, 2023 | 10:40 am
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Marsh & McLennan has been upgraded to Neutral from Underperform by B of A Securities, with a raised price target of $210.
The upgrade from Underperform to Neutral indicates a more positive outlook on the company by the analyst. The raised price target suggests the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100