UPDATE: J.P. Morgan Downgrades Marsh & McLennan - Marsh & McLennan (NYSE:MMC)

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According to a research report published this morning, J.P. Morgan has downgraded Marsh & McLennan (NYSE: MMC) from Neutral to Underweight.In the report, J.P. Morgan commented, “Our view reflects weak relative stock prospects rather than a non-consensus view on fundamentals or an adverse view of 1Q results. Specifically, we see little room for upside revisions to EPS estimates over the next twelve months as estimates currently contemplate improved organic growth and margins.”J.P. Morgan maintains its $32 PT on Marsh & McLennan, which is currently trading at $32.49.

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