Brown & Brown, Inc. (NYSE:BRO) is one of the 13 High-Quality S&P 500 Financial Stocks According to Hedge Funds.
On February 17, 2026, Raymond James lowered the price target on Brown & Brown, Inc. (NYSE:BRO) from $90 to $82 while keeping an Outperform rating on the shares. According to the analyst, insurance brokers and insurance-technology equities have declined by approximately 22% year-to-date, owing to rising investor concerns regarding AI-driven displacement. Despite the volatility, credit spreads and management guidance are stable, suggesting fundamental business health. There may be moderate-level organic growth and margin expansion through 2026. Premium growths are more likely to be supported by sustained investment in AI infrastructure and significant capital expenditures by hyperscalers. Analysts maintain that large-cap brokers remain well-positioned to outperform the broader market.
In another development, on February 17, 2026, Brown & Brown, Inc. (NYSE:BRO) announced that Brown & Brown Dealer Services (BBDS), a division of the company, has acquired the assets of American Adventure Insurance. Mike Neal, president of BBDS, has stated that the American Adventure team will join BBDS to expand its specialized F&I and dealership insurance solutions.
Founded in 1939, Brown & Brown, Inc. (NYSE:BRO) is one of the world’s largest insurance brokerages with headquarters located in Florida.
While we acknowledge the potential of BRO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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