Wells Fargo analyst Elyse Greenspan lowered the firm’s price target on Marsh McLennan (MMC) to $212 from $222 and keeps an Equal Weight rating on the shares. The firm notes shares traded down on weak organic in U.S./Canada as well as their outlook which seemed to point to more of the same. Whole broker group traded down but given Marsh McLennan has trailed peers this year, Wells does not think this foreshadows a bad quarter for all.
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