Raymond James lowered the firm's price target on WTW to $340 from $370 and keeps a Strong Buy rating on the shares. With WTW down 21% year-to-date and insurance brokers trading near lows amid continued de-rating sentiment, the outlook still calls for low- to mid-single-digit organic revenue growth and steady incremental adjusted operating margin expansion through 2028 despite what appears to be a structurally pessimistic market narrative, the analyst tells investors in a research note.
