UPDATE: Credit Suisse Upgrades Marsh & McLennan Companies on New Valuation Framework
October 16, 2013 at 12:48 PM EDT
In a report published Wednesday, Credit Suisse analyst Michael Zaremski upgraded the rating on Marsh & McLennan Companies (NYSE: MMC ) from Neutral to Outperform, and raised the price target from $45.00 to $48.00. In the report, Credit Suisse noted, “We are upgrading shares of Marsh & McLennan to Outperform