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Arthur J. Gallagher price target raised to $275 from $265 at Truist

Truist raised the firm’s price target on Arthur J. Gallagher to $275 from $265 and keeps a Hold rating on the shares after the company’s investor meetings. The firm contends that Q3 should benefit from faster renewal growth, boosted by accelerating casualty pricing but offset by stabilization in property, the analyst tells investors in a research note.

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