Keefe Bruyette raised the firm’s price target on Goosehead Insurance (GSHD) to $110 from $95 and keeps an Outperform rating on the shares. The company reported a margin-driven beat in Q3 and management raised the low end of the fiscal 2024 guidance range for premium and revenue, the analyst tells investors in a research note. The firm thinks Goosehead remains a core name to own as headwinds from product availability and housing volumes dissipate.
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Read More on GSHD:
- Goosehead Insurance reports Q3 EPS 29c, consensus 45c
- Goosehead Insurance raises FY24 revenue view to $295M-$310M from $290M-$310M
- Goosehead Insurance price target raised to $103 from $94 at Piper Sandler
- GSHD Earnings this Week: How Will it Perform?
- Goosehead Insurance price target raised to $94 from $72 at Piper Sandler
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