RBC Notes Challenges for Brown & Brown's Q4 Revenue
RBC analysts highlighted potential headwinds for Brown & Brown's fourth-quarter performance, citing a deceleration in acquired revenue.
Stocks · News reference
Truist Securities has lowered its price target for Brown & Brown, Inc. from $90 to $85 while maintaining a Buy rating on the stock.
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
RBC analysts highlighted potential headwinds for Brown & Brown's fourth-quarter performance, citing a deceleration in acquired revenue.
Barksdale Resources Corp. has initiated an update to the Preliminary Economic Assessment (PEA) for its San Javier copper-gold project in Sonora, Mexico, to incorporate gold recovery and current metal pricing.
Brown & Brown's stock fell nearly 5% after the insurance agency missed both revenue and earnings estimates in Q3 2026. While total revenue grew 7% to $1.73 billion and net income rose 6%, both fell short of analyst expectations. The company cited a challenging rate environment with softening insurance premiums. More concerning, organic revenue growth—excluding acquisitions—barely exceeded 1%, indicating the core business is struggling despite the $9.8 billion Accession Risk Management acquisition.