Arthur J. Gallagher price target raised to $326 from $315 at Keefe Bruyette

Keefe Bruyette analyst Meyer Shields raised the firm’s price target on Arthur J. Gallagher (AJG) to $326 from $315 and keeps a Market Perform rating on the shares. Following the investor meeting, Keefe sees the shares as fairly valued, the analyst tells investors in a research note.