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American Public Education initiated with a Buy at Texas Capital

Texas Capital analyst Raj Sharma initiated coverage of American Public Education (APEI) with a Buy rating and $35 price target American Public became the largest nursing education provider after its acquisition of Rasmussen, the analyst tells investors in a research note. The firm says the company is flipping operating margins positive from Q4 through the rest of fiscal 2024, and is improving enrollment “across the board” at its military and nursing units.

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