Marsh McLennan (MMC): Wells Fargo Adjusts Price Target | MMC Stock News

6 days ago

Wells Fargo has revised its price target for Marsh McLennan (MMC, Financial), bringing it down from $229 to $226, while maintaining an Equal Weight rating for the shares. The shares remained largely unchanged following the earnings report. Despite a general organic growth, the consulting segment experienced a slowdown. The company expressed a cautious outlook regarding the current economic conditions. Although the full-year organic growth projection remains unchanged, Wells Fargo suggests this might hint at a potential deceleration in the latter half of the year.

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