WTW price target raised to $370 from $345 at Roth MKM

Roth MKM raised the firm’s price target on WTW (WTW) to $370 from $345 and keeps a Buy rating on the shares after its Q4 earnings beat. The company’s organic revenue grew 5% in the quarter, in line with estimates, and looking ahead, WTW highlighted several headwinds including foreign currency, the divestiture of Tranzact and its reinsurance joint venture, though the stock remains the best value of P&C brokers, the analyst tells investors in a research note.