Barrington raised the firm’s price target on Adtalem Global Education (ATGE) to $140 from $120 and keeps an Outperform rating on the shares. The company’s fiscal Q3 significantly topped expectations and its full-year guidance was raised, the analyst tells investors in a research note. The firm expects demand for healthcare professionals will continue to outpace supply for the foreseeable future.
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Read More on ATGE:
- Adtalem Global Education Reports Strong Q3 Growth
- Adtalem Global Education sees FY25 adjusted EPS $6.40-$6.60, consensus $6.25
- Adtalem Global Education reports Q3 adjusted EPS $1.92, consensus $1.65
- Adtalem Announces New $150M Share Repurchase Program
- Adtalem Global Education announces new $150M stock buyback