RBC Capital Maintains Sector Perform on Brown & Brown, Raises Price Target to $77
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Mark Dwelle maintains a 'Sector Perform' rating on Brown & Brown (NYSE:BRO) and raises the price target from $72 to $77.
July 26, 2023 | 1:56 pm
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POSITIVE IMPACT
RBC Capital maintains a 'Sector Perform' rating on Brown & Brown and raises the price target from $72 to $77.
The raised price target by RBC Capital indicates a positive outlook for Brown & Brown. This could potentially lead to an increase in the stock's price in the short term as it suggests that the stock is undervalued at its current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100