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Goosehead Insurance price target lowered to $142 from $148 at BMO Capital

BMO Capital lowered the firm’s price target on Goosehead Insurance (GSHD) to $142 from $148 and keeps a Market Perform rating on the shares after its Q1 results. The firm is reducing its EBITDA estimates through 2027 on lower expected written premiums and core revenue, the analyst tells investors in a research note. BMO adds however that it expects sustained growth from aggressive hiring and margin stability to continue.

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