BofA analyst Joshua Shanker lowered the firm’s price target on Aon plc (AON) to $326 from $335 and keeps an Underperform rating on the shares. The company’s reported Q4 earnings per share was a beat vs the firm’s estimate and consensus, though total organic growth seems to have mostly deteriorated with Commercial Risk at 7% an Reinsurance at 8% sequentially flat, but with renewal rates declines as a backdrop, the analyst tells investors in a research note. The firm added that its lower price target comes as it lowers its share repurchases estimates based on company’s guidance for 2026, 2027, and 2028.
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