Wells Fargo lowered the firm’s price target on Arthur J. Gallagher (AJG) to $365 from $369 and keeps an Overweight rating on the shares after the company hosted its quarterly investor update. Biggest take was updated AP synergies and relatively consistent organic, Wells says.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AJG:
- Arthur J. Gallagher Plans Investor Meeting for 2025
- Arthur J. Gallagher acquires Bremer Insurance Agencies, terms not disclosed
- Constellation downgraded, Chipotle upgraded: Wall Street’s top analyst calls
- Arthur J. Gallagher reinstated with a Buy at Goldman Sachs
- Arthur J. Gallagher price target raised to $330 from $317 at Citi