DA Davidson analyst Tom White raised the firm’s price target on American Public Education (APEI) to $43 from $41 and keeps a Buy rating on the shares after the company’s Investor Day presentation. With consistent solid profitable growth at APUS – American Public University System – and the now well-entrenched recovery at RU – Rasmussen University – continuing, American Public has a number of compelling growth levers over the next several years that the management believes will drive an organic revenue CAGR of at least 9%-10% between 2025 and 2029, the analyst tells investors in a research note.
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