Citigroup Maintains Buy on Brown & Brown, Raises Price Target to $81
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Michael Ward has maintained a 'Buy' rating on Brown & Brown (NYSE:BRO) and raised the price target from $72 to $81.
August 09, 2023 | 11:49 am
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POSITIVE IMPACT
Citigroup has maintained a 'Buy' rating on Brown & Brown and raised the price target from $72 to $81, which could lead to a positive market reaction.
The raised price target by Citigroup indicates a positive outlook for Brown & Brown. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100