Ryan Specialty Group price target raised to $57 from $51 at Wells Fargo

Wells Fargo raised the firm’s price target on Ryan Specialty Group to $57 from $51 and keeps an Overweight rating on the shares. The firm notes the company reported Q4 EPS of 35c, just below its 36c, but above consensus of 34c. Organic was above Wells’ and consensus’ estimates, while margin was 29.8%, just below the firm’s 29.9%, but beat consensus of 29.5%.