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Goosehead Insurance price target raised to $44 from $37 at BofA

BofA raised the firm’s price target on Goosehead Insurance (GSHD) to $44 from $37 and keeps an Underperform rating on the shares. Q1 was “a strong quarter,” which drives the firm’s outlook higher, but its concerns regard the terminal values of shares as opposed to near-term earnings, the analyst tells investors in a post-earnings note.

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