Northland raised the firm’s price target on American Public Education (APEI) to $46 from $38 and keeps an Outperform rating on the shares. The stock having soared over 700% in the last two years is “a testament to the company’s ability to stabilize the business” after navigating through COVID-related headwinds and deliver positive, accelerating growth trends, says the analyst, who still sees “plenty of catalysts remaining.”
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