BMO Capital upgraded WTW (WTW) to Outperform from Market Perform with a price target of $300, down from $347. The firm cites the 12% post-earnings selloff for the upgrade. WTW reported a “challenging quarter,” but this is not indicative of a trend, the analyst tells investors in a research note. BMO says management is seeing a recovery in April. There are also several other factors that suggest a bounce-back for WTW, adds the firm.
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