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Brown & Brown price target raised to $135 from $133 at BofA

BofA analyst Joshua Shanker raised the firm’s price target on Brown & Brown to $135 from $133 and keeps a Buy rating on the shares. The firm’s 2025 EPS projections increase by 5% following the Q3 EPS beat, while its 2026 and 2027 projections rise by 3% and 2.6%, respectively, the analyst tells investors.

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