B. Riley analyst Raj Sharma raised the firm’s price target on Universal Technical to $17 from $16 and keeps a Buy rating on the shares. Universal Technical reported “robust” Q1 results aided by operating leverage and raised its guidance for FY24, the analyst tells investors in a research note. Universal Technical has diverse programs and “ample” growth prospects, the firm adds.
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 UTI:
- Universal Technical Institute Reports Fiscal Year 2024 First Quarter Results
- UTI Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Universal Technical names Carolyn Frank as chief human resource officer
- Universal Technical initiated with an Outperform at Northland
- Universal Technical Institute, Inc. Announces Conversion of All Series A Preferred Stock into Common Stock