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Fly News Breaks for June 3, 2019
STRA
Jun 3, 2019 | 08:22 EDT
BMO Capital analyst Jeffrey Silber raised his price target on Strategic Education to $194 and kept his Outperform rating after his discussions with its management at the recent investor meeting. The analyst contends that the company is "excelling on most metrics" thanks to the affordability of its products, "strong student outcomes," and the overall success of the Strayer - Capella merger in terms of performance. Silver also believes that Strategic Education should continue to outperform given that investors may not fully appreciate the "use of artificial intelligence to improve student engagement and operational efficiencies" by the company.
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