Brown & Brown, Inc. acquires the assets of DealerMax

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Brown & Brown (BRO) PT Raised to $90 at CFRA

March 14, 2024 4:14 AM EDT

CFRA analyst Catherine Seifert raised the price target on Brown & Brown (NYSE: BRO) to $90.00 (from $85.00) while maintaining a Hold rating.

The analyst comments "We raise our 12-month target price by $5 to $90, valuing BRO shares at 24.7x our 2025 adjusted EPS estimate of $3.65 (increased by... More