Strategic Education price target raised to $97 from $85 at BMO Capital

BMO Capital analyst Jeffrey Silber raised the firm’s price target on Strategic Education to $97 from $85 and keeps an Outperform rating on the shares. The company’s Q3 results topped expectations with accelerated growth and margin expansion in all three segments, the analyst tells investors in a research note. Strategic Education’s management is expected to provide near-term and long-term targets at next week’s Investor and Analyst Day, the firm added.