BMO Capital analyst Michael Zaremski initiated coverage of Brown & Brown with an Outperform rating and $67 price target, calling it his top pick among brokers. Inflation is "a [commission-centric] insurance broker’s best friend," said Zaremski, who expects the company to be able to grow EPS and free cash flow by low double digits in 2023.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on BRO: