Brown & Brown price target raised to $118 from $116 at Truist
The Fly

Brown & Brown price target raised to $118 from $116 at Truist

Truist raised the firm’s price target on Brown & Brown to $118 from $116 and keeps a Buy rating on the shares after its Q3 earnings beat. The firm is raising its FY24 EPS view by 6c to $3.72 to reflect the upside in the quarter as well as increased optimism regarding the company’s organic growth, the analyst tells investors in a research note.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App