JPMorgan Chase Boosts Price Target on Brown & Brown Stock

Analysts at JPMorgan Chase & Co. have increased their price target for Brown & Brown (NYSE:BRO) stock from $78.00 to $80.00 in a recent research note.

The new price target suggests a potential upside of 12.18% from the company's current price, which is currently trading at $71.31 per share.

This increase is part of a broader trend of upgraded price targets for Brown & Brown stock, with several other analysts also raising their estimates in recent weeks.

According to data from MarketBeat, Brown & Brown presently has an average rating of 'Hold' and an average target price of $79.19.