William Blair Maintains Outperform On Shares Of Towers Watson & Co
In a research report issued today, William Blair analyst Timothy McHugh maintained an Outperform rating on Towers Watson & Co (NYSE:TW). No price target was provided.
McHugh observed, “We believe the company he is joining is SeeChange Health, a provider of analytics-driven wellness products and services. The company does not compete with Towers’ exchange business and we believe that Mr. Williams will have a two-year noncompete agreement in effect. We believe that SeeChange is backed by the same private-equity investors that were involved with Extend Health. “
According to TipRanks.com, which measures analysts’ and bloggers’ success rate based on how their calls perform, analyst Timothy McHugh has a total average return of 20.8% and a 83.3% success rate. McHugh has a -0.8% average return when recommending TW, and is ranked #545 out of 3343 analysts.