Goosehead Insurance price target lowered to $72 from $85 at Truist

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.