Stride price target raised to $82 from $79 at BMO Capital

BMO Capital raised the firm’s price target on Stride to $82 from $79 and keeps an Outperform rating on the shares. The company reported a broad-based Q4 earnings beat as General Education enrollment growth accelerated, offsetting slower growth in its Career Learning segment, and while the management does not provide FY25 guidance until it releases fall enrollment data, it noted that applications are ahead of last year, the analyst tells investors in a research note.