Piper Sandler Highlights Goosehead Insurance Inc. (GSHD) as a Focus Idea; PT Raised to $132

Piper Sandler analyst Paul Newsome raised the price target on Goosehead Insurance Inc. (NASDAQ: GSHD) to $132.00 (from $122.00) while maintaining a Overweight rating.

The analyst said: "Focus Idea: Goosehead (GSHD, Overweight, $4.4 billion cap). We remain bullish on GSHD’s ability to continue growing at a rapid pace. Among the bull bullets are: 1) Adjusted EBITDA Margin is Improving, 2) Top Line Growth is Still High, 3) Personal Lines Prices Remain Elevated and 4) Differentiated Agent Strategy."

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