Morgan Stanley Keeps Their Buy Rating on Stride (LRN)

Morgan Stanley analyst Greg Parrish maintained a Buy rating on Stride (LRNResearch Report) today and set a price target of $46.00. The company’s shares opened today at $40.51.

According to TipRanks, Parrish is an analyst with an average return of -4.7% and a 33.33% success rate.

Stride has an analyst consensus of Strong Buy, with a price target consensus of $47.00, representing a 16.02% upside. In a report released today, Barrington also reiterated a Buy rating on the stock with a $50.00 price target.

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LRN market cap is currently $1.4B and has a P/E ratio of 15.20.

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K12, Inc. is a technology-based educational company, which offers proprietary and third party curriculum, software systems and educational services. It also offers online curriculum and career services to middle and high school students, under the Destinations Career Academy brand name. The company was founded by Ronald J. Packard in 1999 and is headquartered in Herndon, VA.

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