Piper Sandler analyst Paul Newsome lowered the firm’s price target on Goosehead Insurance (GSHD) to $92 from $109 and keeps a Neutral rating on the shares. The lower multiple reflects lower peer multiples.
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Read More on GSHD:
- GooseHead Insurance Expands Leadership with New COO Appointment
- Goosehead Insurance appoints CFO Mark Jones as COO
- Cantor rolls out P&C insurance coverage, sees ‘market in transition’
- Goosehead Insurance initiated with an Overweight at Cantor Fitzgerald
- Goosehead Insurance price target lowered to $136 from $140 at UBS
