UBS Maintains Neutral on Aon, Lowers Price Target to $308
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Brian Meredith maintains a Neutral rating on Aon (NYSE:AON) and lowers the price target from $333 to $308.
February 05, 2024 | 7:29 pm
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UBS analyst Brian Meredith maintains a Neutral rating on Aon and lowers the price target from $333 to $308.
The reduction in price target by UBS, a major financial institution, could lead to a negative short-term sentiment among investors, potentially causing a decrease in AON's stock price. The maintenance of a Neutral rating indicates no significant change in the company's fundamentals, but the lowered price target suggests a reassessment of Aon's valuation, which could impact investor confidence.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100