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Fly News Breaks for March 21, 2016
WLTW, AON, AJG, BRO
Mar 21, 2016 | 06:23 EDT
William Blair analyst Adam Klauber upgraded Brown & Brown (BRO) to Market Perform from Underweight after raising his view on the Insurance Broker sector to Neutral from Negative. Organic growth for the group should remain stable despite a challenging macro environment while earnings expectations have become more reasonable, Klauber tells investors in a research note. The analyst this morning also upgraded Arthur J. Gallagher (AJG) to Market Perform. He keeps Outperform ratings on AON Corp. (AON) and Willis Towers Watson (WLTW).
News For BRO;AJG;AON;WLTW From the Last 2 Days
BRO
Mar 26, 2024 | 09:02 EDT
Raymond James analyst C. Gregory Peters raised the firm's price target on Brown & Brown to $95 from $90 and keeps an Outperform rating on the shares. The updated price target reflects the firm's outlook for the company to report above peer average adjusted EBITDAC margins and free cash flow conversion rates with strong organic growth through 2025, the analyst tells investors in a research note.