William Blair analyst Andrew Nicholas has maintained their bullish stance on HURN stock, giving a Buy rating on July 29.
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Andrew Nicholas has given his Buy rating due to a combination of factors including Huron Consulting’s strong financial performance and promising business pipeline. Despite slightly missing revenue estimates, Huron’s adjusted earnings per share exceeded expectations, and the company has raised its full-year financial outlook, indicating confidence in its future performance.
Huron’s robust pipeline and record sales conversion in the education segment highlight its strong market position. The company is well-prepared to capitalize on regulatory changes and increased demand for its services, particularly in healthcare and education. The clarity in the regulatory environment, along with improved sales conversion and activity, enhances management’s visibility and confidence, supporting the Buy rating.
In another report released on July 29, Barrington also assigned a Buy rating to the stock with a $173.00 price target.