Jefferies analyst Yaron Kinar raised the firm’s price target on Arthur J. Gallagher to $223 from $221 and keeps a Buy rating on the shares, though he is removing the stock from the firm’s "Franchise Picks" list. For insurers as a group, he models moderating EPS growth, but says Arthur J. Gallagher remains a "top broker pick."
Published first on TheFly
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