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These Analysts Increase Their Forecasts On Willis Towers Watson After Upbeat Earnings

Published Oct 27, 2023 18:53 Updated Oct 27, 2023 20:10
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© Reuters. These Analysts Increase Their Forecasts On Willis Towers Watson After Upbeat Earnings
 
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Benzinga - by Lisa Levin, Benzinga Editor.

Willis Towers Watson Public Limited Company (NASDAQ: WTW) reported better-than-expected third-quarter results on Thursday.

Willis Towers Watson posted adjusted earnings of $2.24 per share, versus market estimates of $2.05 per share. The company’s quarterly sales came in at $2.2 billion, versus expectations of $2.088 billion.

The company expects to deliver mid-single-digit organic revenue growth for 2023.

Willis Towers Watson shares rose 0.2% to trade at $229.53 on Friday.

These analysts made changes to their price targets on Willis Towers Watson following earnings announcement.

  • Morgan Stanley raised the price target on Willis Towers Watson from $225 to $236. Morgan Stanley analyst Vincent Sinisi maintained an Equal-Weight rating on the stock.
  • Truist Securities increased the price target on Willis Towers Watson from $265 to $275. Truist Securities analyst Mark Hughes maintained a Buy rating.
  • Piper Sandler boosted the price target on Willis Towers Watson from $265 to $267. Piper Sandler analyst Paul Newsome maintained an Overweight rating.
Also Check This Out: Top 4 Industrial Stocks That May Plunge In Q4

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

These Analysts Increase Their Forecasts On Willis Towers Watson After Upbeat Earnings
 

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