RBC Capital analyst Mark Dwelle raised the firm’s price target on Brown & Brown to $77 from $72 and keeps a Sector Perform rating on the shares. The company’s Q2 results were “good all around” with a second straight quarter of double-digit organic growth, the analyst tells investors in a research note. Brown also took advantage of some of the pullback in overall industrywide M&A with a slight uptick in Q2 deal activity, the firm added.
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