Aon shares are trading lower after Keefe, Bruyette & Woods downgraded the stock from Market Perform to Underperform and announced a $328 price target.
Portfolio Pulse from Benzinga Newsdesk
Aon's stock is trading lower following a downgrade by Keefe, Bruyette & Woods from Market Perform to Underperform, with a new price target set at $328.
December 15, 2023 | 7:41 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Aon's stock price is likely to experience downward pressure in the short term due to the downgrade from Keefe, Bruyette & Woods and a lower price target of $328.
Analyst downgrades typically lead to a negative perception among investors, potentially causing a sell-off. The new price target of $328 suggests a lower valuation than the market may have previously anticipated, adding to the bearish sentiment.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100