RBC Capital analyst Scott Heleniak raised the firm’s price target on Arthur J. Gallagher to $282 from $270 and keeps an Outperform rating on the shares after commentary from its senior management regarding the P&C insurance market conditions, key geographies/business units, M&A and guidance. The firm is maintaining its view that the company is on track for healthy organic growth and margin expansion this year, the analyst tells investors in a research note.
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