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American Public Education price target raised to $35 from $30 at Truist

Truist analyst Jasper Bibb raised the firm’s price target on American Public Education (APEI) to $35 from $30 and keeps a Hold rating on the shares ahead of its Investor Day presentation. The company reported upside Q3 results and issued Q4 that should be received favorably amid significant pressure due to the U.S. government shutdown, the analyst tells investors in a research note.

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