Several significant developments relating to Willis Towers Watson Public Limited Company (NASDAQ:WTW) have surfaced recently. The company has reportedly outperformed Q3 earnings and revenue estimates, which is believed to be due to reduced expenses. Following this, investment firms, such as Janney Montgomery Scott LLC and Cwm LLC, have reportedly increased their stakes in the company.
Notably, analysts are largely positive about WTW's performance, reflecting in Evercore ISI's 'Overperform' rating and upgraded price target. In addition, Billionaire David Abrams seems to have picked the company as one with significant upside potential, while Seth Klarman has maintained a bullish stance on this value stock.
WTW is also credited for its innovation in risk management. Its Gemini platform seems to be redefining the way insurance companies handle complex risks. The company's Risk & Broking Division is also reportedly powering growth. The company has also completed the sale of its TRANZACT business.
However, the company seems to be facing margin pressures and FX challenges, and its growth is under some strain. Despite these issues, the bull case for WTW remains intact.
Willis Towers Watson Public Limited Companys WTW News Analytics from Thu, 15 Sep 2016 07:00:00 GMT to Sat, 01 Nov 2025 13:09:11 GMT - Rating 7 - Innovation 6 - Information 9 - Rumor -4
