Keefe, Bruyette & Woods Maintains Underperform on Arthur J. Gallagher, Lowers Price Target to $240
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Meyer Shields maintains an Underperform rating on Arthur J. Gallagher (AJG) and lowers the price target from $246 to $240.
April 10, 2024 | 2:03 pm
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NEGATIVE IMPACT
Arthur J. Gallagher's price target was lowered from $246 to $240 by Keefe, Bruyette & Woods, maintaining an Underperform rating.
A reduction in the price target by a reputable analyst firm, while maintaining an Underperform rating, suggests a negative outlook on the stock's short-term performance. This could lead to decreased investor confidence and a potential decrease in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100