Baird lowered the firm’s price target on Adtalem Global Education (ATGE) to $163 from $169 and keeps an Outperform rating on the shares. The firm updated its model following Q3 results which saw guidance held despite execution missteps pressuring Chamberlain post licensure.
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Read More on ATGE:
- Adtalem Global Education Reports Strong Q1 Performance
- Adtalem Global Education reports Q1 adjusted EPS $1.75, consensus $1.58
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- Adtalem Global Education (ATGE) Q1 Earnings Cheat Sheet
- Adtalem Global Education price target raised to $170 from $150 at Barrington