Goosehead Insurance price target raised to $64 from $59 at Piper Sandler

Piper Sandler analyst Paul Newsome raised the firm’s price target on Goosehead Insurance to $64 from $59 and keeps an Overweight rating on the shares following the Q1 beat. Goosehead continues to grow rapidly despite the slowdown in housing markets which make it harder to get sales leads, the analyst tells investors in a research note.