Truist Securities Maintains Buy on Brown & Brown, Raises Price Target to $116
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Brown & Brown (NYSE:BRO) and raised the price target from $112 to $116, indicating a positive outlook for the company's stock.
October 16, 2024 | 2:24 pm
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POSITIVE IMPACT
Truist Securities has maintained a Buy rating on Brown & Brown and increased the price target from $112 to $116, suggesting a positive short-term outlook for the stock.
The increase in the price target from $112 to $116 by Truist Securities, along with the maintained Buy rating, indicates a positive sentiment from analysts. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100