Truist raised the firm’s price target on Goosehead Insurance to $80 from $65 but keeps a Hold rating on the shares ahead of its Q3 results. The company looks positioned to modestly exceed topline Street expectations given the data on new sales and both mortgage originations and personal lines insurance pricing, the analyst tells investors in a research note. Truist maintains however that 2025 topline expectations are too high in light of the company’s heavy mix of renewals, the firm added.
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