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Fly News Breaks for April 24, 2019
BRO
Apr 24, 2019 | 07:21 EDT
SunTrust analyst Mark Hughes raised his price target on Brown & Brown to $36 and kept his Buy rating after its Q1 outperformance, also raising his FY20 EPS view by 4c to $1.54. The analyst notes that the organic growth outlook for the stock looks "incrementally positive" after the management forecast Retail segment organic topline expansion to be "slightly" better in Q2. Hughes also cites "continued benefit" for Brown & Brown from strong economy and improved pricing environment.
News For BRO From the Last 2 Days
