Adtalem Global Education ( (ATGE) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Adtalem Global Education’s stock is experiencing unusual movements due to mixed signals in the market. Despite reporting strong Q1 financial performance with increased revenue and earnings, insider sentiment has turned negative with a rise in insider selling. This has overshadowed the positive financial results, causing concern among investors. In response to the company’s robust earnings, Barrington raised its price target to $170, while Baird lowered its target to $163 due to execution issues at Chamberlain post licensure.
More about Adtalem Global Education
YTD Price Performance: 52.84%
Average Trading Volume: 366,569
Technical Sentiment Signal: Buy
Current Market Cap: $5.15B
For further insights into ATGE stock on TipRanks’ Stock Analysis page.
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