BUZZ-Piper Sandler upgrades Arthur J. Gallagher to 'overweight''

Piper Sandler upgrades insurance broker Arthur J. Gallagher's AJG.N shares to "overweight" from "neutral"

Brokerage says AJG's successful track record of acquisitions and industry-leading organic growth sets it apart from peers

Piper Sandler expects AJG's organic growth to be about 7.2% in 2025

"AssuredPartners acquisition is strategically good for AJG" - brokerage

Piper Sandler raises PT on Arthur J. Gallagher's shares to $315 from $285, a 12.6% upside to stock's last close

10 of 18 brokerages rate the stock "buy" or higher, 7 "hold" and 1 "sell"; median PT $304 - LSEG

Arthur J. Gallagher's shares rose 26.2% in 2024

(Reporting by Prakhar Srivastava in Bengaluru)

((prakhar.srivastava2@thomsonreuters.com))