BofA analyst Joshua Shanker lowered the firm’s price target on WTW (WTW) to $325 from $356 and keeps a Neutral rating on the shares. After incorporating Q3 results into the firm’s model, forecasts rise on higher operating margins and lower share count, but the firm’s price target declines, notes the analyst, who continues to believe that the current valuation appropriately reflects the improving operational outlook at WTW.
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