ANALYST-UPGRADE ·Filed Oct 12, 2026

BRO

BROWN & BROWN, INC.
BULLISH
Impact 4/10
Processed6d 16h ago SECanalyst-BRO-tdcowen-20261012
TD Cowen initiates coverage on BRO at Buy

Price Chart

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Executive Summary

TD Cowen initiates coverage on BRO at Buy

Impact Score

Base Score
1/7
LLM Adjustment
+0
Final Score
4/10

Consensus & Targets

Buy / Strong Buy
7 (27%)
Hold
18
Sell / Strong Sell
1
Total Analysts
16
Mean PT
$75.69
Median PT
$77.00
High PT
$90.00
Low PT
$60.00
Current Price
$59.91
Implied Upside
+26.3%

Recent Analyst Activity

DateFirmActionRatingPrice Target
2026-10-12TD CoweninitiateBuy$82.00
2026-10-12CitizensmaintainMarket Outperform$75.00
2026-10-07MizuhomaintainOutperform$78.00
2026-10-07BarclaysmaintainEqual-Weight$71.00
2026-10-06Morgan StanleymaintainUnderweight$55.00
2026-10-01JP MorganmaintainNeutral$83.00
2026-09-16MizuhomaintainOutperform$83.00
2026-08-19Morgan StanleymaintainUnderweight$60.00
2026-08-03JP MorganmaintainNeutral$80.00
2026-07-29MizuhomaintainOutperform$86.00

Firm Track Record — TD Cowen

TD Cowen accuracy: 56% on 1796 calls | avg return: 3.4%

Industry benchmark: mean 51% ± 11%. Top tier: ≥61% (mean + 1σ). Based on 12 firms with ≥5 scored calls.

FirmAccuracyCallsAvg Returnvs Average
RBC Capital67%2/34.2%top tier
Raymond James67%2/3-0.9%top tier
Keefe, Bruyette & Woods60%6/10-1.6%above average
Wells Fargo55%6/11-1.2%above average
B of A Securities50%3/61.7%below average
Citigroup50%2/41.6%below average
Truist Securities38%3/80.5%below average
Morgan Stanley33%2/6-10.9%below average
UBS33%1/3-1.8%below average
BMO Capital33%1/3-14%below average

Earnings Estimates

PeriodEPS Est.EPS RangeRevenueRevisions (7d)
0q$1.08$1.00 — $1.17$1.8B↑9 ↓0
0y$4.48$4.30 — $4.66$7.0B↑1 ↓0
+1q$0.94$0.84 — $1.07$1.6B↑7 ↓0
+1y$4.81$4.58 — $4.95$7.3B↑1 ↓0

Cross-Platform Signals

Congressional
April McClain Delaney (democrat) — sell $100,001 - $250,000
Institutional
Farther Finance Advisors, LLC — add (30.9%)
Institutional
Integrated Wealth Concepts LLC — add (38.9%)
Institutional
First Eagle Investment Management, LLC — add (32.9%)
Short Interest
Short: 370,749 | Exempt: 91 | TRF Vol: 601,668 | Short Ratio: 61.6% | Off-exchange volume (dark pool + OTC)

Investment Themes

Traditional Finance

Documents Analyzed

Report based on filing metadata.

17 reports for BRO
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for BRO — sortable, filterable
TypeNow
Oct 12, 2026
6d ago
ANALYST-UPGRADE
BULLISH ★ 4/10
—awaiting T+20——
Sep 10, 2026
5w ago
8-K
NEUTRAL ★ 2/10
$66.33 $63.75▼ −3.89%▼ −6.01%$69.40 (+4.63%)
Aug 21, 2026
8w ago
Institutional Cluster
MIXED ★ 5/10
$72.92 $65.02▼ −10.83%▼ −10.55%$69.40 (−4.83%)
Aug 10, 2026
9w ago
8-K
NEUTRAL ★ 3/10
$71.60 $68.18▼ −4.78%▼ −3.86%$69.40 (−3.07%)
Jul 29, 2026
11w ago
ANALYST-DOWNGRADE
NEUTRAL ★ 2/10
$74.87 $72.78▼ −2.79%▼ −7.81%$69.40 (−7.31%)
Jul 27, 2026
11w ago
8-K
MIXED ★ 5/10
$73.65 $73.34▼ −0.42%▼ −3.80%$69.40 (−5.77%)
Jul 27, 2026
11w ago
Press Release
MIXED ★ 5/10
$73.65 $73.34▼ −0.42%▼ −3.80%$69.40 (−5.77%)
Jul 6, 2026
14w ago
ANALYST-DOWNGRADE
MIXED ★ 4/10
$68.43 $70.40▲ +2.88%▲ +3.44%$69.40 (+1.42%)
Jul 1, 2026
15w ago
Press Release
NEUTRAL ★ 2/10
$67.36 $74.87▲ +11.15%▲ +13.33%$69.40 (+3.03%)
Jun 14, 2026
18w ago
Institutional Cluster
MIXED ★ 5/10
$59.28 $69.21▲ +16.75%▲ +17.50%$69.40 (+17.07%)
Showing 10 of 17

US Market Status

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Report published Oct 12, 2026