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Stock impact report

What Makes GooseHead Insurance (GSHD) Attractive [Yahoo! Finance]

Goosehead Insurance, Inc. - Class A (GSHD) 
Last goosehead insurance, inc. - class a earnings: 4/30 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
On December 1, Jefferies analyst Andrew Andersen initiated coverage on GooseHead Insurance (NASDAQ:GSHD) with a Buy rating. The analyst has set a price target of $93 for the stock, representing almost 25% upside for investors. kurhan/Shutterstock.com Andersen noted GooseHead Insurance's (NASDAQ:GSHD) strategic position and growth outlook as key catalysts. The company is currently benefiting from the ongoing expansion within the property and casualty insurance market. Andersen sees its unique broker model leading to strong customer retention and bind rates, along with higher commissions in the future. Anderson also praised the company's low-risk expansion strategy through partnerships with independent agencies. Such a capital-light franchise model allows them to achieve high margins without deploying significant initial capital. Going forward, such strategic partnerships and further growth within the P&C insurance market will prove to be the major drivers for GooseHead Insurance Show less Read more
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