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Fly News Breaks for November 18, 2019
BRP
Nov 18, 2019 | 06:25 EDT
BofA/Merrill initiated coverage of BRP Group with a Buy rating and $20 price target. After the stock's IPO last month, the analyst contends that its expected earnings growth warrants a premium multiple, adding that its current price "does not fully reflect the company's growth potential through organic and non-organic means."
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