Marsh & Mclennan Companies (MMC) Receives a Hold from Piper Sandler
In a report released today, Paul Newsome from Piper Sandler maintained a Hold rating on Marsh & Mclennan Companies, with a price target of $190.00.
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According to TipRanks, Newsome is a 5-star analyst with an average return of 12.0% and a 69.76% success rate. Newsome covers the Financial sector, focusing on stocks such as American International Group, Arthur J Gallagher & Co, and TWFG, Inc. Class A.
In addition to Piper Sandler, Marsh & Mclennan Companies also received a Hold from KBW’s Meyer Shields in a report issued yesterday. However, on January 5, Bank of America Securities maintained a Sell rating on Marsh & Mclennan Companies (NYSE: MMC).
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
Read More on MMC:
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- Marsh McLennan price target raised to $205 from $191 at Keefe Bruyette
- Marsh McLennan price target lowered to $174 from $181 at BofA
- Marsh McLennan to change NYSE symbol on January 14
- Marsh McLennan appoints Mike Mathews as digital infrastructure leader
- Marsh McLennan price target lowered to $190 from $195 at Morgan Stanley
