Evercore ISI lowered the firm’s price target on Marsh McLennan (MMC) to $236 from $237 and keeps an Outperform rating on the shares. With a tough cyclical backdrop, 2026 is “shaping up to be a challenging year for the P&C insurance sector,” but this presents “a stock pickers market with opportunities for discerning investors,” the analyst says in a year-ahead outlook note for the group.
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