Goosehead Insurance price target raised to $90 from $80 at Truist

Truist raised the firm’s price target on Goosehead Insurance (GSHD) to $90 from $80 and keeps a Hold rating on the shares. The firm is trimming its 2025 forecast to $1.75 from $1.80 to reflect higher interest expense because of the special dividend, but also notes that the company’s aggregate new sales growth of 17% – including both Corporate and Franchise channels – was right in line with a multiple regression that factors in home mortgage originations and personal lines CPI, the analyst tells investors in a research note.