William Blair Downgrades Brown & Brown (BRO) to Market Perform

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Compass Point Starts Brown & Brown (BRO) at Buy

June 18, 2013 8:36 AM EDT

Compass Point initiates coverage on Brown & Brown (NYSE: BRO) with a Buy. PT $40.00.

The analyst comments, "BRO has historically had the best operating margins of its peers (19.3% in 2012 versus 8.3% for the peer average). Despite this, the company has not always... More