Goosehead Insurance price target lowered to $125 from $140 at Citizens

Citizens analyst Matthew Carletti lowered the firm’s price target on Goosehead Insurance (GSHD) to $125 from $140 and keeps an Outperform rating on the shares. The risk/reward for the shares is highly attractive at current levels as Goosehead generates strong organic growth, the analyst tells investors in a research note. Goosehead continues to have a long runway for strong growth at attractive and expanding margins, the firm says.