Morgan Stanley Downgrades Marsh & McLennan Companies To Equal-weight

Analysts at Morgan Stanley downgraded Marsh & McLennan Companies, Inc. MMC from Overweight to Equal-weight. The price target for Marsh & McLennan has been lowered from $68 to $58. Marsh & McLennan shares have surged 20.82% over the past 52 weeks, while the S&P 500 index has gained 14.57% in the same period. Marsh & McLennan's shares fell 0.70% to close at $55.43 on Friday.