Goosehead Shares Gain 12% After JPMorgan Moves Lower; GSHD Gets a Fresh Look
Goosehead Insurance shares jumped 12% to $42.14 Monday, outpacing peers after recent analyst target cuts and a period near 52-week lows. Volume reached 511,815 shares. JPMorgan lowered its price target to $55 but kept a Neutral rating. First-quarter revenue rose 23% to $93.1 million, with net income at $8 million.