Brown & Brown Rises After Q2 Revenue Jump and Acquisition Synergy Hopes

Brown & Brown (BRO) stock rose 4.4% following its Q2 earnings release, which reported a 30.4% revenue increase due to the Accession acquisition, despite a slight organic revenue decline. Investors were likely pleased with the strong top-line growth, higher contingent commissions, and evidence of integration synergies bolstering margins and earnings. The article also provides details on insider trading, hedge fund activity, congressional stock trading, and recent analyst price targets for BRO.