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Fly News Breaks for January 7, 2016
BRO
Jan 7, 2016 | 06:52 EDT
SunTrust analyst Mark Hughes downgraded Brown & Brown to Neutral citing increasing competitive pressure in the Property & Casualty brokerage segment and the uncertain macro economy. He cut his price target for the shares to $35 from $38. Barclays this morning double downgraded Brown & Brown to Underweight from Overweight.