Morgan Stanley upgraded Aon plc (AON) to Overweight from Equal Weight with a price target of $430, up from $385. The firm believes the company’s investments into talent in areas such as construction, energy and health should lead to increased organic growth. The productivity from these hires should ramp up and have a material impact in the second half of 2025 and beyond, the analyst tells investors in a research note. Morgan Stanley expects Aon to be better positioned than peers.
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