American Public Education price target raised to $53 from $40 at B. Riley

B. Riley analyst Griffin Boss raised the firm’s price target on American Public Education (APEI) to $53 from $40 and keeps a Buy rating on the shares. The Q4 results are expected to align with guidance, while longer-term forecasts point to accelerating revenue and margin expansion, the analyst tells investors in a research note. Despite potential near-term noise from a possible government shutdown, strong execution, ambitious FY29 targets, and robust projected cash generation underpin a positive medium-term outlook, B. Riley adds.