RBC Capital analyst Rowland Mayor resumed coverage of Arthur J. Gallagher (AJG) with an Outperform rating and $260 price target The recent AI-related sell-off is overdone and the company’s attractive platform has several insulating factors that limit near-term growth headwinds when compared to peers, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AJG:
- Arthur J. Gallagher Announces Upcoming Board Member Retirement
- Arthur J. Gallagher upgraded to Overweight from Underweight at Barclays
- Arthur J. Gallagher acquire S Philips Surety & Insurance Services, no terms
- The Week That Was, The Week Ahead: Macro and Markets, Mar. 1
- Arthur J. Gallagher upgraded to Outperform from Neutral at Mizuho