Strategic Education price target raised to $101 from $97 at BMO Capital

BMO Capital raised the firm’s price target on Strategic Education to $101 from $97 and keeps an Outperform rating on the shares. The company’s Investor Day offered more color across its operating segments and how its model differs from other higher-ed institutions while also providing solid preliminary 2024 outlook and a “notional model five-year plan”, the analyst tells investors in a research note.