Truist lowered the firm’s price target on Brown & Brown to $130 from $138 and keeps a Buy rating on the shares after its Q1 results. The firm is citing pressure on broker valuations in the wake of decelerating organic growth across the space this quarter, the analyst tells investors in a research note.
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Read More on BRO:
- Brown & Brown Reports Strong Q1 2025 Financial Results
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- Brown & Brown: Hold Rating Amid Modest Growth and Strategic Challenges
- Brown & Brown price target raised to $128 from $126 at BofA
- Brown & Brown: Solid Revenue Growth Amid Challenges Justifies Hold Rating
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