Willis Group (WSH), Towers Watson (TW) Enter ~$18B Merger Agreement
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Piper Jaffray Cuts Price Target on Towers Watson (TW) Following Further Analysis of Willis Merger
July 2, 2015 7:08 AM EDTPiper Jaffray maintains an Overweight rating on Towers Watson (NASDAQ: TW), and cut the price target to $152.00 (from $157.00), after a follow-up analysis on the Towers Watson-Willis merger. Analyst George Tong believes the merger generates strong strategic and financial value.
Tong commented, "Follow-up analysis on... More
BofA/Merrill Lynch Upgrades Willis Group (WSH) to Buy
July 1, 2015 7:13 AM EDTBofA/Merrill Lynch upgraded Willis Group (NYSE: WSH) from Neutral to Buy with a price target of $55.00.
For an analyst ratings summary and ratings history on Willis Group click here. For more ratings news on Willis Group click here.
Shares of Willis Group closed at $46.90 yesterday.
... MoreDeutsche Bank Downgrades Towers Watson (TW) to Hold
July 1, 2015 6:52 AM EDTDeutsche Bank downgraded Towers Watson (NASDAQ: TW) from Buy to Hold with a price target of $135.00 (from $140.00). The downgrade follows news it plans to merger with Willis Group (NYSE: WSH). Analyst Paul Ginocchio thinks this changes the thesis from... More
