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Fly News Breaks for July 1, 2015
WSH
Jul 1, 2015 | 07:30 EDT
As previously reported, BofA/Merrill upgraded Willis Group (WSH) to Buy from Neutral and increased its price target to $55 from $51. The firm views the merger with Towers Watson (TW) as strategically beneficial and expects the combined entity to be awarded a higher multiple due to faster long-term earnings growth.
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