Truist Securities Maintains Hold on Goosehead Insurance, Raises Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Mark Hughes has maintained a Hold rating on Goosehead Insurance (NASDAQ:GSHD) and increased the price target from $65 to $75.

January 31, 2024 | 6:54 pm
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Truist Securities analyst Mark Hughes reaffirmed a Hold rating on Goosehead Insurance, but raised the price target from $65 to $75.
The increase in price target by Truist Securities suggests a positive outlook on the stock's value, which could lead to increased investor confidence and a potential short-term rise in the stock price. However, the Hold rating indicates that the analyst does not see significant momentum or changes in fundamentals that would justify an upgrade to Buy, thus the impact may be moderate.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100