Barrington raised the firm’s price target on American Public Education (APEI) to $32 from $24 and keeps an Outperform rating on the shares after Q1 results topped expectations and full-year earnings guidance was raised. The firm cites a “discount valuation,” recovering demand for affordable online higher education and nursing programs and expectations for continued enrollment growth and margin expansion in 2025 and beyond in reiterating its Outperform rating on the shares.
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Read More on APEI:
- American Public Education: Strong Q1 Results and Attractive Valuation Drive Buy Rating and Increased Price Target
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