Truist lowered the firm’s price target on Goosehead Insurance (GSHD) to $72 from $85 and keeps a Hold rating on the shares. The firm notes the company’s Q3 earnings miss while also trimming its FY26 EPS view by 10c to $2.00 on lower renewal commission retention and an incremental $8 million in expenses from new investments discussed on the earnings call, the analyst tells investors in a research note.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GSHD:
- Sell Rating on GooseHead Insurance Due to Revenue Deceleration and Overvaluation Concerns
- Goosehead Insurance price target lowered to $95 from $102 at Keefe Bruyette
- Goosehead Insurance Reports Strong Q3 2025 Growth
- GooseHead Insurance: Hold Rating Maintained Amid Growth Concerns and High Valuation
- Goosehead Insurance reports Q3 adjusted EPS 46c, consensus 48c
