Aon plc price target raised to $384 from $338 at Evercore ISI

Evercore ISI raised the firm’s price target on Aon plc to $384 from $338 and keeps an In Line rating on the shares. Property & Casualty insurance stocks worked in Q3 as a lighter natural catastrophe season and positioning drove stocks to new highs and while Hurricane Helene and now Hurricane Milton “have changed the dynamic,” the firm still expects to see “decent 3Q24 prints across the underwriters,” the analyst tells investors in a preview for the group.