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Mizuho Upgrades Brown & Brown to Outperform From Neutral, Adjusts Price Target to $85 From $84
Mizuho has upgraded its rating for Brown & Brown (BRO) from Neutral to Outperform, signaling increased confidence in the insurance brokerage firm’s prospects. Concurrently, the firm has adjusted its price target for Brown & Brown shares, raising it slightly from $84 to $85. This revised target suggests a potential upside of 17.04% compared to the last close price of $71.22.