UBS Maintains Neutral on Brown & Brown, Raises Price Target to $81
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Weston Bloomer has maintained a Neutral rating on Brown & Brown (NYSE:BRO) and increased the price target from $75 to $81.

January 29, 2024 | 3:39 pm
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POSITIVE IMPACT
UBS analyst Weston Bloomer maintains a Neutral rating on Brown & Brown and raises the price target from $75 to $81.
The increase in price target by UBS suggests a positive outlook on the stock's value, which could lead to a short-term increase in investor confidence and potentially a rise in the stock price. However, since the rating remains Neutral, the impact may be moderate as it does not indicate a strong buy or sell signal.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100