In a report released today, Kevin Steinke from Barrington maintained a Buy rating on Huron Consulting (HURN – Research Report), with a price target of $173.00.
Don’t Miss TipRanks’ Half Year Sale
- Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Kevin Steinke has given his Buy rating due to a combination of factors that highlight Huron Consulting’s strategic positioning and market opportunities. Huron Consulting is recognized as a leading firm in the healthcare and higher education sectors, offering a wide range of consulting services that address strategic, operational, financial, and technological challenges. The company’s smaller size compared to its largest competitors allows it to be more agile and entrepreneurial, fostering a collaborative approach that is difficult for larger firms to replicate.
Huron’s services are in high demand due to ongoing regulatory and funding changes under the Trump administration, which are affecting the healthcare and higher education industries. These changes have created both challenges and opportunities for Huron, as clients seek assistance in navigating financial pressures and market disruptions. Despite potential risks of project delays due to the evolving regulatory landscape, Huron has not experienced a slowdown in its business pipeline or contract cancellations, supporting a positive outlook for the company’s growth.
Steinke covers the Industrials sector, focusing on stocks such as Huron Consulting, Distribution Solutions Group, and HireQuest. According to TipRanks, Steinke has an average return of 13.5% and a 55.97% success rate on recommended stocks.
In another report released on June 2, Benchmark Co. also reiterated a Buy rating on the stock with a $165.00 price target.