Keefe Bruyette lowered the firm’s price target on Brown & Brown to $87 from $104 and keeps an Underperform rating on the shares. The firm assumes slower organic growth and higher interest expense post the Q2 report.
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 BRO:
- Brown & Brown price target lowered to $106 from $122 at BMO Capital
- Buy Rating for Brown & Brown: Undervalued Stock with Margin Stability and Growth Potential
- Brown & Brown upgraded to Buy at BofA following 26% selloff
- Brown & Brown upgraded to Buy from Neutral at BofA
- Brown & Brown Reports Strong Revenue Growth for Q2 2025