Keefe, Bruyette & Woods Maintains Underperform on Marsh & McLennan, Lowers Price Target to $185-Report Released on 29 January 2024
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Meyer Shields has maintained an Underperform rating on Marsh & McLennan (NYSE:MMC) and reduced the price target from $186 to $185 as reported on January 29, 2024.
January 30, 2024 | 1:43 pm
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NEGATIVE IMPACT
Marsh & McLennan's stock rating remains Underperform by Keefe, Bruyette & Woods, with a slight decrease in price target from $186 to $185.
The reduction in price target by Keefe, Bruyette & Woods, although marginal, indicates a continued bearish outlook on Marsh & McLennan by the analyst firm. This could lead to negative sentiment among investors and potentially result in a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100