BofA raised the firm’s price target on Strategic Education to $124 from $104 and keeps a Buy rating on the shares following the company’s Q4 report, arguing that Q4 momentum “bodes well for 2024.” The firm, which raised its 2024 EPS by 19c to $4.67 and notes the Street is at $4.49, views Strategic as “a beat and raise story,” the analyst tells investors.
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