preloader icon



Apex Trader Funding (ATF) - News

Aon Faces Challenges With Integration Risks And Slow Growth: BofA Downgrades Stock

BofA Securities analyst Grace Carter downgraded Aon plc (NYSE:AON) to Underperform from Neutral and cut the price target from $345 to $306. The analyst writes that AON has recently underperformed the insurance broker peer group owing to below-average organic growth, integration risk from the $13.4 billion NFP acquisition, and management changes.  Notably, since 2H22, Aon’s Commercial Risk Solutions segment has reported organic revenue growth in the 3%- 6% range , compared to comparable peer results averaging 7%- 10%, says the analyst.  Carter projects gradual improvement in organic ...