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Fly News Breaks for November 13, 2018
AON
Nov 13, 2018 | 08:29 EDT
Wells Fargo analyst Elyse Greenspan raised her price target for Aon plc to $165 from $150 to reflect assigning a higher multiple to stronger growth potential. After meeting with management, the analyst walked away with an incrementally more positive view on the company's growth potential and its ability to inflect from a cash perspective as restructuring charges wind down after 2018. Nonetheless, Greenspan reiterates a Market Perform rating on the shares as she believes the company will see a tough comp in the Q4.
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