Arthur J. Gallagher price target raised to $315 from $307 at Keefe Bruyette

Keefe Bruyette analyst Meyer Shields raised the firm’s price target on Arthur J. Gallagher (AJG) to $315 from $307 and keeps a Market Perform rating on the shares. The shares’ current valuation fairly balances “consistently excellent” execution against decelerating property and casualty pricing and economic growth tailwinds, the analyst tells investors in a research note.