These Analysts Boost Their Forecasts On Marsh & McLennan Following Upbeat Earnings
Portfolio Pulse from Avi Kapoor
Marsh & McLennan (NYSE:MMC) reported better-than-expected Q3 earnings, with EPS of $1.63 beating the consensus of $1.57. The company also announced the acquisition of McGriff Insurance Services. Analysts raised their price targets for MMC following the earnings report.
October 18, 2024 | 4:22 pm
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POSITIVE IMPACT
Marsh & McLennan reported strong Q3 earnings, beating EPS expectations and announcing an acquisition. Analysts raised their price targets, indicating positive sentiment.
The better-than-expected earnings and the strategic acquisition of McGriff Insurance Services are likely to boost investor confidence. Analysts raising price targets further supports a positive short-term outlook for MMC.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100