UPDATE: Goldman Sachs Upgrades Marsh & McLennan Companies to Buy on Organic Growth, Sentiment
Posted on February 06, 2013 at 08:35 AM EST
Goldman Sachs upgraded Marsh & McLennan Companies (NYSE: MMC ) from Neutral to Buy and raised the price target from $36.00 to $40.00. Goldman Sachs said, "MMC shares have lagged our underwriter coverage universe as beneficial P&C pricing trends have clearly driven better underwriter results while improvement has been