Keefe Bruyette Lowers PT on The Baldwin Insurance Group (BWIN), Keeps an Outperform Rating

​The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) is one of the Oversold Financial Stocks to Buy According to Hedge Funds. On October 6, Tommy McJoynt from Keefe Bruyette lowered the firm’s price target on The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) from $44 to $37, while maintaining an Outperform rating on the stock.

​The company topped Wall Street’s revenue estimates for its fiscal second quarter of 2025, while the EPS also stayed in line with expectations. However, the stock price has declined more than 24% since the earnings release on August 5, 2025.

​The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) delivered $378.81 million in quarterly revenue for FQ2 2025, reflecting an 11.47% year-over-year increase and ahead of expectations by $3.79 million. The EPS of $0.42 also stayed in line with the expectations.

​In addition to Keefe Bruyette, several other analysts have also recently reiterated their bullish sentiment on the stock. For instance, earlier on August 20, Gregory Peters from Raymond James reiterated a Buy rating on The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) with a $40 price target. Overall, analysts’ 12-month price target reflects 35.42% upside from current levels.

​The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) is an insurance distribution company that operates through three main business segments, including Insurance Advisory Solutions, Mainstreet Insurance Solutions, and Underwriting, Capacity & Technology Solutions.

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Disclosure: None. This article is originally published at Insider Monkey.