Truist analyst Mark Hughes raised the firm’s price target on Arthur J. Gallagher (AJG) to $290 from $275 and keeps a Hold rating on the shares. The company’s Q4 results were a bit better than expected, and the firm is raising its 2025 EPS view by 7c to $11.25 to reflect updated management guidance as well as the early contribution of the AssuredPartners acquisition, the analyst tells investors in a research note. Truist warns however that Arthur J. Gallagher’s organic growth should slow based on decelerating commercial lines premium and regression to the longer-term growth norm.
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