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.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
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 STRA:
- Strategic Education price target raised to $123 from $103 at BMO Capital
- Strategic Education price target raised to $110 from $92 at Truist
- Strategic Education price target raised to $125 from $100 at Barrington
- Strategic Education reports Q4 adjusted EPS $1.68, consensus $1.34
- STRA Earnings this Week: How Will it Perform?