B. Riley analyst Raj Sharma raised the firm’s price target on Lincoln Educational to $12 from $11 and keeps a Buy rating on the shares. Lincoln’s Q4 earnings beat the Street’s estimates and its guidance was also ahead of Street forecasts as robust student-starts growth is expected to continue, 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>>
See the top stocks recommended by analysts >>
Read More on LINC:
- Lincoln Educational sees FY24 revenue $410M-$420M, consensus $382.9M
- Lincoln Educational Services Reports Results for Fourth Quarter and Full Year 2023
- Lincoln Educational reports Q4 EPS 23c, consensus 27c
- Lincoln Educational Secures $40M Credit for Corporate Growth
- LINC Earnings this Week: How Will it Perform?