Keefe, Bruyette & Woods Maintains Outperform on Goosehead Insurance, Lowers Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Meyer Shields maintains an Outperform rating on Goosehead Insurance (GSHD) but lowers the price target from $93 to $85.

April 25, 2024 | 1:30 pm
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NEUTRAL IMPACT
Goosehead Insurance's Outperform rating is maintained by Keefe, Bruyette & Woods, but the price target is reduced from $93 to $85.
The maintenance of an Outperform rating suggests a positive outlook on Goosehead Insurance by the analyst, indicating confidence in the company's future performance. However, the reduction in the price target could reflect adjustments in market conditions or revised earnings expectations, which might lead to short-term price volatility. The overall impact is neutral as the positive rating is counterbalanced by the lowered price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100