RBC Capital Maintains Outperform on Arthur J. Gallagher, Raises Price Target to $270
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Scott Heleniak has reaffirmed an Outperform rating on Arthur J. Gallagher (NYSE:AJG) and increased the price target from $262 to $270, indicating a positive outlook on the company's stock.
December 14, 2023 | 3:24 pm
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POSITIVE IMPACT
Arthur J. Gallagher's stock rating was maintained at Outperform by RBC Capital, with a raised price target from $262 to $270, suggesting a bullish view on the stock's future performance.
The increase in price target by RBC Capital reflects a positive assessment of Arthur J. Gallagher's stock, likely due to strong fundamentals or growth prospects. This endorsement from a reputable analyst could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100