Brown & Brown (NYSE:BRO) Given New $72.00 Price Target at UBS Group

UBS Group has reduced its price target for Brown & Brown (NYSE:BRO) from $73.00 to $72.00, maintaining a "neutral" rating, which implies a minor upside. The financial services provider's stock is currently trading at $71.87, with analyst consensus remaining cautious, holding an average "Hold" rating and a target price of $75.47. This adjustment follows Brown & Brown's recent quarterly earnings, which slightly missed analyst expectations for both EPS and revenue.