Strategic Education price target raised to $125 from $100 at Barrington

Barrington analyst Alexander Paris raised the firm’s price target on Strategic Education to $125 from $100 and keeps an Outperform rating on the shares. The company’s Q4 results significantly topped expectations and management said it remains comfortable with the preliminary outlook for 2024, as well as the five-year notional outlook, provided at the analyst day on November 7, 2023, the analyst tells investors in a research note.