Marsh & Mclennan to Acquire Jardine Lloyd Thompson Group Plc

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Marsh & McLennan (MMC) PT Lowered to $98 at Citi Following JLT Acquisition

September 20, 2018 7:14 AM EDT

Citi analyst James Naklicki lowered the price target on Marsh & McLennan (NYSE: MMC) to $98.00 (from $100.00) while maintaining a Buy rating as the company acquires JLT. MMC is acquiring nearly $2 billion in revenue from the deal, which will increase the gap between MMC... More