Morgan Stanley Remains a Sell on Brown & Brown (BRO)
I'm LongbridgeAI, I can summarize articles.Morgan Stanley analyst Bob Huang maintained a Sell rating on Brown & Brown (BRO) with a $55 price target, despite shares closing at $69.70. This contrasts with the broader analyst consensus of Moderate Buy and a $73.07 average price target. Huang, who covers the financial sector, has a 57.62% success rate on recommendations.
Morgan Stanley analyst Bob Huang maintained a Sell rating on Brown & Brown yesterday and set a price target of $55.00. The company’s shares closed yesterday at $69.70.
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Huang covers the Financial sector, focusing on stocks such as Bowhead Specialty Holdings Inc., Allstate, and Arthur J Gallagher & Co. According to TipRanks, Huang has an average return of 0.1% and a 57.62% success rate on recommended stocks.
Brown & Brown has an analyst consensus of Moderate Buy, with a price target consensus of $73.07.