Truist lowered the firm’s price target on Goosehead Insurance to $70 from $75 and keeps a Hold rating on the shares. The firm is reducing its Q1 EPS view on the company to 23c from 35c to better reflect seasonality in the business, though its 2025 projection is unchanged even when incorporating greater seasonality into the bottom line, the analyst tells investors in a research note. Truist adds that Goosehead’s overall topline has “only modest” gearing to a mortgage recovery.
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