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Stock impact report

Brown & Brown (BRO) Seen Well Positioned Amid Limited AI Disruption Risk, Mizuho Says [Yahoo! Finance]

Brown & Brown, Inc. (BRO) 
Last brown & brown, inc. earnings: 4/27 05:00 pm Check Earnings Report
US:NYSE Investor Relations: brown.edu
Company Research Source: Yahoo! Finance
Brown & Brown (BRO) Seen Well Positioned Amid Limited AI Disruption Risk, Mizuho Says On February 27, Mizuho upgraded Brown & Brown, Inc. (NYSE:BRO) to Outperform from Neutral. It raised the stock's price target to $85 from $84. The firm made the change after adjusting ratings across the insurance property and casualty sector following the recent selloff. The analyst said insurance brokers that focus on middle-market and large accounts face a “low disruption threat” from AI. He also noted that disintermediation risk is “geared to mass market personal lines and the smaller end of SME.” This suggests that companies like Brown & Brown, which focus on larger clients, remain relatively well-positioned. On February 17, J. Scott Penny, chief acquisitions officer of Brown & Brown, and Paul Bender, owner of The Protectorate Group Insurance Agency, announced that Brown & Brown Dealer Services acquired the assets of American Adventure Insurance. American Adventure provides insurance solutio Show less Read more
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