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American Public Education initiated with a Buy at Lake Street

Lake Street analyst Eric Martinuzzi initiated coverage of American Public Education (APEI) with a Buy rating and $30 price target American Public Education’s shares have doubled in the past year, but today’s share price is well below the $30 price in October 2020, notes the analyst, who sees several catalysts “offering today’s investor the chance to climb aboard the APEI boat on a rising tide.” The firm expects several drivers to close American Public Education’s valuation gap with peers, the analyst added.

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