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Aon plc upgraded to Outperform from Underperform at Keefe Bruyette

Keefe Bruyette analyst Meyer Shields double upgraded Aon plc to Outperform from Underperform with a price target of $380, up from $313. The company reported a “very strong” Q2 earnings report and conference call, the analyst tells investors in a research note. The firm thinks Aon is in the early stages of recovering organic revenue growth and subsequent margin expansion as recently recruited brokers ramp up their productivity, offsetting the initial expenses.

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