Keefe, Bruyette & Woods Maintains Underperform on Marsh & McLennan, Raises Price Target to $188
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Meyer Shields maintains an Underperform rating on Marsh & McLennan (MMC) and raises the price target from $185 to $188.
April 10, 2024 | 3:40 pm
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NEGATIVE IMPACT
Marsh & McLennan's Underperform rating is maintained by Keefe, Bruyette & Woods, with a raised price target from $185 to $188.
The maintenance of an Underperform rating suggests a negative outlook on the stock's performance. However, the increase in price target indicates a slight improvement in the expected valuation, which might mitigate the negative impact slightly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100