Goosehead Insurance price target raised to $72 from $65 at Piper Sandler

Piper Sandler analyst Paul Newsome raised the firm’s price target on Goosehead Insurance to $72 from $65 and keeps an Overweight rating on the shares. The firm notes revenue came in slightly higher than expected, but revenue guidance was unchanged for the year. Piper anticipates investors will view the quarter as slightly better than expected results given its strong bottom line but unchanged guidance.