Insurance Post

MMC shares downgraded by Barclays Capital

Barclays Capital has downgraded its stock recommendation of Marsh and McLennan, the owner of brokers Marsh and Guy Carpenter.

The investment bank, which downgraded MMC to ‘underweight’ from ‘equal weight’ and reduced its price target for the financial services behemoth to $29 from $30, said: “Our less constructive outlook on

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