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Arthur J. Gallagher price target raised to $237 from $233 at Wells Fargo

Wells Fargo analyst Elyse Greenspan raised the firm’s price target on Arthur J. Gallagher to $237 from $233 and keeps an Overweight rating on the shares. Arthur J. Gallagher’s Q2 EPS beat consensus estimates, and the company beat firm expectations in Brokerage and Risk Management, with better organic growth in both and a better margin in Brokerage, the analyst tells investors in a research note.

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