Analyst Cautious On Willis IPO

While London-based Willis Group Holdings’ initial public offering closed higher than its June 12 offering price, one investment analyst cautioned that the firms earnings per share estimate could be too high.

Nikolai D. Fisken of Stephens Inc. in Little Rock, Ark. said investors should be wary of the stock over the long term. “Im not saying it’s not going to be a hit, but Im suspect of the number,” he said.

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