BMO Capital raised the firm’s price target on Adtalem Global Education (ATGE) to $132 from $115 and keeps an Outperform rating on the shares. The company Q3 results beat expectations amid strong enrollment growth and margin expansion and despite continued growth investments, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ATGE:
- Adtalem Global Education: Strong Enrollment Growth and Financial Health Drive Buy Rating
- Adtalem Global Education appoints Noel as CCAO
- Adtalem Global Education’s Earnings Call Highlights Robust Growth
- Adtalem Global Education price target raised to $140 from $120 at Barrington
- Adtalem Global Education Reports Strong Q3 Growth