Goldman Sachs reinstated coverage of Arthur J. Gallagher (AJG) with a Buy rating and $344 price target which represents a 15% total return opportunity. The firm expects the company’s AssuredPartners acquisition to be high-single-digit accretive to 2027 earnings estimates. It sees above-peer margin expansion for Arthur J. Gallagher and likes the company’s middle market roll-up acquisition strategy.
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