Market News / Story
Brown & Brown (BRO) Stock Is Up, What You Need To Know
Stock Story ·
Stock Story reports: What Happened? Shares of insurance brokerage firm Brown & Brown jumped 2.9% in the afternoon session after investors continued to bid on Oppenheimer’s initiated coverage on the company with an Outperform rating. According to Streetinsider, Phillips set a $73 price target, about 20% above the share price when the note was published. He said Brown & Brown’s issues are largely in the past and that the shares should outperform as organic growth turns. The Accession…