BofA/Merrill Lynch upgraded Arthur J. Gallagher (NYSE: AJG) from Neutral to Buy.

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Upgrades

William Blair Upgrades Arthur J. Gallagher (AJG) to OutperformFebruary 1, 2013 7:10 AM Stephens Upgrades Arthur J. Gallagher (AJG) to OverweightJanuary 31, 2013 9:00 AM Keefe, Bruyette & Woods Upgrades Arthur J. Gallagher (AJG) to OutperformJanuary 31, 2013 6:51 AM