Brown & Brown, Inc. is a major insurance brokerage firm in the U.S., valued at $27.6 billion. Despite lagging behind the market, the company operates through four segments and offers various insurance products. Their Q3 earnings saw revenue increase by 35.4%, but net income and EPS declined. Analysts expect adjusted EPS to grow by 10.7% this year. The consensus rating on the stock is a “Hold,” with a mean price target of $99.43, representing a 23.2% premium. Bank of America Securities reiterated a “Buy” rating and maintained a $133 price target, signaling a 54.9% potential upside.
Read more at Barchart: Are Wall Street Analysts Bullish on Brown & Brown Stock?
