Marsh & Mclennan Companies (MMC) Gets a Buy from Evercore ISI
In a report released today, David Motemaden from Evercore ISI maintained a Buy rating on Marsh & Mclennan Companies, with a price target of $237.00.
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Motemaden covers the Financial sector, focusing on stocks such as Everest Group, Allstate, and S&P Global. According to TipRanks, Motemaden has an average return of 7.6% and a 63.64% success rate on recommended stocks.
In a report released on November 19, Barclays also upgraded the stock to a Buy with a $206.00 price target.
Based on Marsh & Mclennan Companies’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $6.35 billion and a net profit of $747 million. In comparison, last year the company earned a revenue of $5.7 billion and had a net profit of $747 million
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