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Analysts Are Bullish on Top Financial Stocks: First Bank (FRBA), Brown & Brown (BRO)

Tipranks - Wed Jan 28, 6:40AM CST

There’s a lot to be optimistic about in the Financial sector as 3 analysts just weighed in on First Bank (FRBAResearch Report), Brown & Brown (BROResearch Report) and Western Alliance (WALResearch Report) with bullish sentiments.

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First Bank (FRBA)

Piper Sandler analyst Justin Crowley maintained a Buy rating on First Bank today and set a price target of $20.00. The company’s shares closed last Monday at $16.77.

According to TipRanks.com, Crowley is a 4-star analyst with an average return of 18.5% and a 88.5% success rate. Crowley covers the Financial sector, focusing on stocks such as Farmers & Merchants Bancorp, Esquire Financial Holdings, and Capitol Federal Financial. ;'>

First Bank has an analyst consensus of Moderate Buy, with a price target consensus of $20.00.

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Brown & Brown (BRO)

Truist Financial analyst Mark Hughes maintained a Buy rating on Brown & Brown today. The company’s shares closed last Monday at $79.62.

According to TipRanks.com, Hughes is a 5-star analyst with an average return of 16.2% and a 70.6% success rate. Hughes covers the Financial sector, focusing on stocks such as Skyward Specialty Insurance Group, Inc., Heritage Insurance Holdings, and Fidelity National Financial. ;'>

Brown & Brown has an analyst consensus of Hold, with a price target consensus of $88.10, an 11.0% upside from current levels. In a report released yesterday, Citi also assigned a Buy rating to the stock with a $104.00 price target.

Western Alliance (WAL)

Truist Financial analyst David Smith -CFA maintained a Buy rating on Western Alliance today. The company’s shares closed last Monday at $88.42.

According to TipRanks.com, -CFA is a 4-star analyst with an average return of 14.8% and a 90.2% success rate. -CFA covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Bank of New York Mellon, and Webster Financial. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Western Alliance with a $103.00 average price target, which is a 17.9% upside from current levels. In a report issued on January 12, RBC Capital also maintained a Buy rating on the stock with a $100.00 price target.

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