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RBC analysts highlighted potential headwinds for Brown & Brown's fourth-quarter performance, citing a deceleration in acquired revenue.
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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.
Truist Securities has lowered its price target for Brown & Brown, Inc. from $90 to $85 while maintaining a Buy rating on the stock.
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.