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Fly News Breaks for July 16, 2019
BRO
Jul 16, 2019 | 09:27 EDT
SunTrust analyst Mark Hughes raised his price target on Brown & Brown to $40 and kept his Buy rating on the stock. The analyst says the company's Q2 results should benefit from improved fundamentals in the P&C space as well as in Florida, where re-insurance pricing and primary property rates are driven higher after recent losses in what was a "key" renewal period.