Raymond James Maintains Outperform Rating for Marsh & McLennan: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Raymond James has maintained its Outperform rating for Marsh & McLennan (NYSE:MMC) and increased its price target from $195.00 to $205.00. Marsh & McLennan's shares are currently trading up 0.59% over the last 24 hours, at $192.55 per share. A move to $205.00 would account for a 6.47% increase from the current share price.
July 24, 2023 | 5:00 pm
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Raymond James has maintained its Outperform rating for Marsh & McLennan and raised its price target, potentially indicating a positive short-term impact on the company's stock.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. In this case, Raymond James, a reputable financial institution, has maintained an Outperform rating for Marsh & McLennan and raised its price target. This suggests that they believe the company's stock will perform well in the short term, which could encourage investors to buy, potentially driving up the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100