Wells Fargo raises Brown & Brown's price target to $114, maintaining an overweight rating.

Wells Fargo has raised its price target for Brown & Brown, Inc. (BRO) from $112 to $114, maintaining an overweight rating. Analysts' opinions vary, resulting in a consensus rating of "Moderate Buy." Brown & Brown reported earnings of $0.93 per share, surpassing estimates. The company has a market cap of $29.88 billion and recently declared a $0.13 dividend per share, yielding 0.50%. Other firms have also adjusted their price targets for BRO.

October 13, 2024
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