Citi analyst Michael Ward raised the firm’s price target on Brown & Brown to $81 from $72 and keeps a Buy rating on the shares. The analyst updated models in the U.S. insurance sector.
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- Brown & Brown downgraded to Market Perform from Outperform at Keefe Bruyette
- Brown & Brown price target raised to $77 from $72 at RBC Capital
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- Brown & Brown, Inc. announces second quarter 2023 results, including total revenues of $1,047.3 million, an increase of 24.7%; Organic Revenue growth of 11.2%; diluted net income per share of $0.67; and Diluted Net Income Per Share – Adjusted of $0.68