MMC upgraded to 'outperform' by KBW on margin increase confidence
Global broking operation and financial services firm Marsh & McLennan has had its ratings upgraded to ‘outperform’ by a Wall Street firm on hopes that the company’s new management would increase margins.
“We view that new CEO, Mr. Brian Duppereault, has considerable opportunity to improve margins at MMC, which owns global broker Marsh and reinsurance broking behmoth Guy Carpenter. Despite
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