Keefe Bruyette raised the firm’s price target on WTW (WTW) to $375 from $373 and keeps an Outperform rating on the shares. The firm updated its price target following the announced acquisition of tech-supported middle-market insurance broker Newfront, the analyst tells investors in a research note.
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Read More on WTW:
- Willis Towers Watson: Hold Rating Amid Strategic Acquisition and Market Positioning Challenges
- WTW’s UK business will acquire Cushon from NatWest Group
- Willis Towers Watson to Acquire Newfront Insurance
- WTW to acquire Newfront for $1.05B at closing
- WTW to acquire Newfront for $1.05B at closing plus contingent consideration