Barclays analyst Alex Scott reduced Brown & Brown, Inc.’s stock price target to $83 from $84 on January 8 while maintaining an “Equal Weight” rating. The firm adjusted ratings and price objectives as part of the 2026 outlook for the broader North America property and casualty insurance group. Goldman Sachs also reduced the price target to $87 from $90 on January 7, anticipating insurer profitability in the upcoming years despite a softening phase in the P&C insurance cycle. Brown & Brown, Inc. is in the business of marketing and selling insurance products and services.

The firm suggests staying selective in the face of softening pricing in commercial and reinsurance, with personal lines showing relative strength but brokers facing organic growth headwinds. Despite potential as an investment, certain AI stocks offer greater upside potential with less downside risk. Check out the report on the best short-term AI stock for more information.

Read more at Yahoo Finance: Barclays Lowers PT on Brown & Brown (BRO) Stock