Perdoceo Education price target raised to $25 from $23 at Barrington

Barrington raised the firm’s price target on Perdoceo Education to $25 from $23 and keeps an Outperform rating on the shares. The company topped Q1 estimates and increased 2024 guidance, the analyst tells investors in a research note. The firm says the shares are trading at a significant discount to Perdoceo’s postsecondary education peer group average.