Barclays analyst Jay Gelb double downgraded Brown & Brown to Underweight from Overweight and cut his price target for the shares to $28 from $35. The stock is overvalued relative to peers given the company's "modest" organic revenue growth, Gelb tells investors in a research note.
Check out this evening's top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGSCrane... To see the rest of the story go to thefly.com. See Story Here