BMO Capital Maintains Outperform on Goosehead Insurance, Lowers Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Michael Zaremski maintains an Outperform rating on Goosehead Insurance (GSHD) but lowers the price target from $95 to $90.

March 28, 2024 | 6:01 pm
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NEUTRAL IMPACT
BMO Capital maintains an Outperform rating on Goosehead Insurance but lowers the price target from $95 to $90.
While the reduction in price target from $95 to $90 by BMO Capital could be seen as a negative signal, the maintenance of an Outperform rating suggests that the analyst still sees positive growth prospects for Goosehead Insurance. This mixed signal could lead to a neutral short-term impact on the stock price as investors weigh the lowered price target against the continued positive outlook.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100