Raymond James Cuts Brown and Brown (BRO) Target by $8

On February 17, 2026, Raymond James lowered the terms people connected Brown & Brown, Inc. (NYSE:BRO) from $90 to $82 portion keeping an Outperform standing connected the shares. According to the analyst, security brokers and insurance-technology equities person declined by astir 22% year-to-date, owing to rising capitalist concerns regarding AI-driven displacement. Despite the volatility, recognition spreads and absorption guidance are stable, suggesting cardinal concern health. There whitethorn beryllium moderate-level integrated maturation and borderline enlargement done 2026. Premium growths are much apt to beryllium supported by sustained concern successful AI infrastructure and important superior expenditures by hyperscalers. Analysts support that large-cap brokers stay well-positioned to outperform the broader market.

In different development, connected February 17, 2026, Brown & Brown, Inc. (NYSE:BRO) announced that Brown & Brown Dealer Services (BBDS), a part of the company, has acquired the assets of American Adventure Insurance. Mike Neal, president of BBDS, has stated that the American Adventure squad volition articulation BBDS to grow its specialized F&I and dealership security solutions.

Founded successful 1939, Brown & Brown, Inc. (NYSE:BRO) is 1 of the world’s largest security brokerages with office located successful Florida.

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