Piper Sandler analyst Paul Newsome raised the firm’s price target on Goosehead Insurance (GSHD) to $103 from $94 and keeps an Overweight rating on the shares ahead of quarterly results. The firm thinks the tone for the quarter is set, namely pro carriers and neutral brokers. Piper doesn’t believe most companies will pre-announce Hurricane Helene losses, but for a few the math is easier. Further, CPI shows continued slow deceleration of price increases and moderating components of claim costs, the firm adds.
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