These Analysts Increase Their Forecasts On Willis Towers Watson After Upbeat Earnings

Willis Towers Watson Public Limited Company WTW reported better-than-expected third-quarter results on Thursday.

Willis Towers Watson posted adjusted earnings of $2.24 per share, versus market estimates of $2.05 per share. The company’s quarterly sales came in at $2.2 billion, versus expectations of $2.088 billion.

The company expects to deliver mid-single-digit organic revenue growth for 2023.

Willis Towers Watson shares rose 0.2% to trade at $229.53 on Friday.

These analysts made changes to their price targets on Willis Towers Watson following earnings announcement.

• Morgan Stanley raised the price target on Willis Towers Watson from $225 to $236. Morgan Stanley analyst Vincent Sinisi maintained an Equal-Weight rating on the stock.
• Truist Securities increased the price target on Willis Towers Watson from $265 to $275. Truist Securities analyst Mark Hughes maintained a Buy rating.
• Piper Sandler boosted the price target on Willis Towers Watson from $265 to $267. Piper Sandler analyst Paul Newsome maintained an Overweight rating.

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