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American Public Education price target raised to $47 from $40 at Lake Street

Lake Street raised the firm’s price target on American Public Education (APEI) to $47 from $40 and keeps a Buy rating on the shares. After having recently hosted an investor tour and management talks at the company’s Rasmussen University – Central Pasco campus, the firm came away with a better appreciation for the company’s long-term growth opportunity, the analyst tells investors.

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