Piper Sandler analyst Paul Newsome raised the firm’s price target on Goosehead Insurance to $94 from $72 and keeps an Overweight rating on the shares. The firm thinks the insurance brokerage subsector likely performs in line with the overall stock market, which makes Piper a little less optimistic than most of the investors to whom it speaks.
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Read More on GSHD:
- Goosehead Insurance price target raised to $80 from $65 at Truist
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- Goosehead downgraded to Market Perform from Outperform at BMO Capital
- TD downgrades Goosehead Insurance on valuation, execution risks
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