Morgan Stanley initiated coverage on Brown & Brown with a new price target
$BRO
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Morgan Stanley initiated coverage of Brown & Brown with a rating of Overweight and set a new price target of $134.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/13/2025 | $112.00 | Buy | Citigroup |
| 8/13/2025 | $101.00 | Overweight → Equal Weight | Wells Fargo |
| 7/31/2025 | Buy → Hold | Argus | |
| 7/30/2025 | $130.00 | Neutral → Buy | BofA Securities |
| 5/13/2025 | $119.00 | Buy → Neutral | Goldman |
| 4/16/2025 | Buy | Edward Jones | |
| 3/25/2025 | $128.00 | Overweight → Equal-Weight | Morgan Stanley |
| 12/5/2024 | $134.00 | Overweight | Morgan Stanley |
8-K - BROWN & BROWN, INC. (0000079282) (Filer)
8-K - BROWN & BROWN, INC. (0000079282) (Filer)
S-8 - BROWN & BROWN, INC. (0000079282) (Filer)
DAYTONA BEACH, Fla., Aug. 18, 2025 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") announces the addition of Joia M. Johnson, retired chief legal officer, chief administrative officer, general counsel and corporate secretary of Hanesbrands Inc. ("Hanes"), to Brown & Brown's board of directors. H. Palmer Proctor, Jr., Brown & Brown's lead independent director and chair of the Nominating/Corporate Governance Committee of Brown & Brown's board of directors, said, "Joia brings not only a remarkable breadth and depth of experience, but also a keen ability to navigate complexity with the wisdom earned through years of leadership. As a well-rounded leader—with service on sev
Kelso & Company, L.P. ("Kelso"), a leading middle-market private equity firm, announced it has completed the sale of its portfolio company, Accession Risk Management Group ("Accession," fka "Risk Strategies"), to Brown & Brown, Inc. (NYSE:BRO) ("Brown & Brown") in a primarily cash transaction valued at approximately $9.83 billion. This sale to a leading strategic acquiror represents one of the largest full private equity exits in insurance brokerage history, following Accession's significant and consistent growth under Kelso's ownership. Accession is a Boston-based national insurance services platform that goes to market via its two subsidiary brands, Risk Strategies and One80 Intermediar
DAYTONA BEACH, Fla., Aug. 12, 2025 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Mark N. Otto, the owner of Tire Shield, Inc. ("Tire Shield"), today announced that Brown & Brown Dealer Services ("BBDS") has acquired the assets of Tire Shield. Founded in 1997, Tire Shield offers administrative services for dealers and agents providing tire and wheel road hazard products and GAP waiver products for the RV, Automotive and Power Sports Industries. The Tire Shield team will join Brown & Brown Dealer Services and continue to operate from their offices in Las Vegas, Nevada. The team will report to William Kelly, president of BBDS's admi
Citigroup initiated coverage of Brown & Brown with a rating of Buy and set a new price target of $112.00
Wells Fargo downgraded Brown & Brown from Overweight to Equal Weight and set a new price target of $101.00
Argus downgraded Brown & Brown from Buy to Hold
3 - BROWN & BROWN, INC. (0000079282) (Issuer)
4 - BROWN & BROWN, INC. (0000079282) (Issuer)
4 - BROWN & BROWN, INC. (0000079282) (Issuer)
4 - BROWN & BROWN, INC. (0000079282) (Issuer)
4 - BROWN & BROWN, INC. (0000079282) (Issuer)
SC 13G/A - BROWN & BROWN, INC. (0000079282) (Subject)
SC 13G/A - BROWN & BROWN, INC. (0000079282) (Subject)
SC 13G/A - BROWN & BROWN, INC. (0000079282) (Subject)
DAYTONA BEACH, Fla., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") has announced the appointment of Stephen P. Hearn, an insurance industry veteran who joined the Company's board of directors in August 2024, as executive vice president and chief operating officer. In connection with this appointment, Hearn has resigned from the Company's board of directors and will join the Company's operating committee. As chief operating officer, Hearn will apply the extensive knowledge he has acquired during his impressive 35-year career to help inform and guide Brown & Brown's continued growth strategy. Hearn will help shape the Company's continued focus on scaling o
DAYTONA BEACH, Fla., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") has announced the appointment of Paul Gallagher, CPA, as its controller. In this role, Gallagher will provide strategic guidance and leadership for all financial operations, including SEC and financial reporting, controls and compliance, acquisitions, planning and strategic decision-making. He will also play a key role in supporting continued talent development. "We are very excited to welcome Paul to the Brown & Brown team," said Andy Watts, executive vice president, chief financial officer and treasurer. "He brings a wealth of global experience and the skills as well as the leadership
DAYTONA BEACH, Fla., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") has announced the appointment of Mike Neal and Mark Abate to the Company's senior leadership team and the Retail segment senior leadership team. "We are excited to welcome Mike and Mark to Brown & Brown's senior leadership team," said Powell Brown, president and chief executive officer. "They bring extensive experience in their respective specializations, and their contributions will support our ongoing mission to be the world's leading provider of risk management and insurance solutions for our customers." Barrett Brown, executive vice president and president of the Brown & Brown's Ret
DAYTONA BEACH, Fla., Aug. 12, 2025 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Mark N. Otto, the owner of Tire Shield, Inc. ("Tire Shield"), today announced that Brown & Brown Dealer Services ("BBDS") has acquired the assets of Tire Shield. Founded in 1997, Tire Shield offers administrative services for dealers and agents providing tire and wheel road hazard products and GAP waiver products for the RV, Automotive and Power Sports Industries. The Tire Shield team will join Brown & Brown Dealer Services and continue to operate from their offices in Las Vegas, Nevada. The team will report to William Kelly, president of BBDS's admi
DAYTONA BEACH, Fla., July 23, 2025 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) announces that the board of directors has declared a regular quarterly cash dividend of $0.15 per share. The dividend is payable on August 20, 2025, to shareholders of record on August 13, 2025. About Brown & Brown, Inc. Brown & Brown, Inc. (NYSE:BRO) is a leading insurance brokerage firm providing customer-centric risk management solutions since 1939. With a global presence spanning 500+ locations and a team of more than 17,000 professionals, we are dedicated to delivering scalable, innovative strategies for our customers at every step of their growth journey. Learn more at bbrown.com. For more infor
DAYTONA BEACH, Fla., July 01, 2025 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) announces it will release its 2025 second-quarter earnings on Monday, July 28, 2025, after the close of the market. On Tuesday, July 29, 2025, J. Powell Brown, Brown & Brown's president and chief executive officer, and R. Andrew Watts, Brown & Brown's executive vice president and chief financial officer, will host an investor update conference call concerning Brown & Brown's second-quarter 2025 financial results. You are invited to listen to the call, which will be broadcast live on Brown & Brown's website at 8:00 a.m. EDT. Simply log on to www.bbrown.com and click on "Investor Relations" and then "Calend