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BRO — Brown & Brown News Story

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Brown & Brown slips on slower organic revenue growth

** Shares of insurance company Brown & Brown BRO.N down 1.53% at $86.41 premarket

** Co on Monday posted 3.5% organic revenue growth in Q3, slightly below 3.6% in prior quarter and well below 9.5% seen in same quarter year ago, highlighting clear slowdown

** Despite organic revenue growth slowdown, co beat Q3 profit estimates

** 6 of 16 brokerages rate stock "buy" or higher, 9 "hold" and 1 "sell" or lower; their median PT is $106 - data compiled by LSEG

** Up to last close, stock down 13.9% YTD

 (Reporting by Kanishka Ajmera in Bengaluru)

 ((mailto: Kanishka.Ajmera@thomsonreuters.com;))

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