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Fly News Breaks for March 5, 2018
STRA
Mar 5, 2018 | 07:06 EDT
BMO Capital analyst Jeffrey Silber lowered his price target on Strayer to $95 after the company's Q4 earnings miss, as higher scholarships and operating expenses weighed on revenues and margins. Despite the miss, the analyst notes Strayer's "solid" enrollments were marked by "strong demand" in the company's undergraduate programs, adding that he remains impressed by Strayer's growth despite the competitive environment. Silber keeps his Outperform rating on Strayer.
News For STRA From the Last 2 Days
STRA
Apr 26, 2024 | 08:45 EDT
Truist raised the firm's price target on Strategic Education to $145 from $125 and keeps a Buy rating on the shares. The company reported a strong Q1, led by enrollment outperformance in both the U.S. Higher Education segment and the Australia/New Zealand segment, the analyst tells investors in a research note. Strategic Education is clearly tracking well ahead of the enrollment and margin tempo assumed in consensus FY24 estimates, the firm added.