Brown & Brown (BRO) Tops Q4 EPS by 2c

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Go back to Brown & Brown (BRO) Tops Q4 EPS by 2c

Compass Point Remains Sidelined on Brown & Brown (BRO) as Pre-Tax Credit Adds to 4Q EPS

January 27, 2016 6:46 AM EST

Compass Point reiterated a Neutral rating on Brown & Brown (NYSE: BRO), and cut the price target to $34.00 (from $35.00), following the company's 4Q earnings report. BRO reported 4Q15 operating EPS of $0.41 versus the consensus estimate of $0.36. Earnings included a gain of $0.03 per share from an $8.1M pre-tax credit related to non-cash stock-based compensation.... More

UPDATE: Morgan Stanley Downgrages Brown & Brown (BRO) to Underweight

January 27, 2016 6:41 AM EST

(Updated - January 27, 2016 6:43 AM EST)

(Update corrects headline)

Morgan Stanley downgrades Brown & Brown (NYSE: BRO) from Equalweight to Underweight with a price target of $30.00 (from $33.00).

For an analyst ratings summary and ratings history on Brown & Brown... More