Marsh & McLennan Companies, Inc. (MMC) has seen a flurry of financial activity from various firms including Triasima Portfolio Management, Strategic Financial Concepts, and Raymond James, among others, all buying shares or adjusting the company's price targets. In recent results, MMC reported strong quarterly performances for Q4 and Q3 2024, with Q4 revenue growth of 8% hitting a total revenue of $24.5 billion and beating analyst expectations. Technological advancement has been noted through empowering productivity with Generative AI Tools. They've also made significant moves in acquisitions including Acumen Solutions Group and McGriff Insurance Services, with the latter deal being worth $7.75 billion. Despite this, the price target has been cut by some like Keefe, Bruyette & Woods, but raised by others, resulting in an estimated price target currently at $230.44. Their earnings calls were generally well-received, with the latest Q4 call indicating plans of mid-single-digit revenue growth for 2025.
Marsh Mclennan Companies MMC News Analytics from Tue, 02 Jul 2024 07:00:00 GMT to Sat, 08 Feb 2025 14:20:34 GMT -
Rating 8
- Innovation 4
- Information 9
- Rumor -6
