Barrington raised the firm’s price target on American Public Education to $17 from $15 and keeps an Outperform rating on the shares after hosting management for meetings. The analyst cites improved visibility and and the firm’s increasing confidence for the target bump. While challenges remain, American Public ‘s Q4 outperformance and its 2024 guidance “mark an expected return to growth as well as improved visibility,” the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on APEI:
- American Public Education management to meet with Barrington
- A New Cause for Concern: American Public Education, Inc. Adds a New Employment / Personnel Risk
- American Public Education price target raised to $15 from $8 at Barrington
- American Public Education trading resumes
- American Public Education price target raised to $15 from $6 at Truist