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Adtalem Global Education price target raised to $140 from $120 at Barrington

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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