Chris Lay Appointed President and CEO of Marsh Canada
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Piper Jaffray Raises Price Target on Marsh & McLennan (MMC) Following 1Q Review
May 12, 2016 8:27 AM EDTPiper Jaffray reiterated an Overweight rating on Marsh & McLennan (NYSE: MMC), and raised the price target to $70.00 (from $68.00), following a 1Q review. Organic growth was solid in the quarter with brokerage up 2% and consulting up 4%. In 1Q16, capital management included $200M of buyback (vs.... More
