Brown & Brown, Inc. (NYSE:BRO) is among the 15 Best Passive Income Stocks to Buy Right Now. Goldman Sachs analyst Robert Cox cuts BRO’s price target to $90 from $105 with a Neutral rating, citing pressure on organic growth. BRO announces a 10% dividend increase and $1.25 billion stock repurchase authorization.

Brown & Brown, Inc. (NYSE:BRO) has built a national broker network through acquisitions and organic growth, with a fee-based model driving recurring revenue and dividend growth for 32 years. BRO operates in the stable insurance brokerage space within the broader insurance industry known for consistent returns.

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Read more at Yahoo Finance: Goldman Sachs Cuts Brown & Brown (BRO) Price Target, Keeps Neutral Rating