Keefe Bruyette upgraded Marsh McLennan (MMC) to Market Perform from Underperform with a price target of $191, down from $209, following the Q3 earnings report. The shares are now reflecting persistently decelerating property and casualty pricing, the analyst tells investors in a research note. The firm believes Marsh’s “Thrive” program should sustain margin improvement despite slowing pricing and fiduciary income tailwinds.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MMC:
- Marsh McLennan Reports Strong Q3 2025 Results
- Marsh & McLennan’s Earnings Call Highlights Strategic Growth Amid Challenges
- Marsh McLennan price target lowered to $200 from $220 at Piper Sandler
- Cautious Outlook on Marsh & McLennan: Hold Rating Amidst Growth and Valuation Concerns
- Morning Movers: Charles Schwab rises following third quarter earnings