Citi Cuts Arthur J. Gallagher to Neutral as Pricing Support Fades
Photo: TokenPost
Citi lowered its rating on Arthur J. Gallagher & Co. (AJG) to Neutral from Buy on Nov. 2, saying the insurance broker’s stock “appears to reasonably discount the outlook.” Citi analyst Matthew Heimermann said, “We expect organic growth to remain relatively stable despite a diminishing tailwind from insurance pricing.” Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
