Piper Sandler analyst Paul Newsome raised the firm’s price target on Arthur J. Gallagher to $215 from $195 and keeps a Neutral rating on the shares. The company reported "very strong" Q4 results with "surprisingly strong" organic growth, the analyst tells investors in a research note. Arthur J. Gallagher shares reflect very optimistic future results and the Q4 results were supportive of those very high expectations, says Piper.
Published first on TheFly
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