Barrington raised the firm’s price target on Lincoln Educational (LINC) to $25 from $22 and keeps an Outperform rating on the shares after the company reported Q1 results that were above expectations and raised its full-year guidance. The firm, which notes that the the stock is up 28% year-to-date after gaining 58% in 2024, points out that its raised target represents about 23% further upside.
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Read More on LINC:
- Lincoln Educational reports Q1 EPS 6c, two estimates 4c
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- Lincoln Educational initiated with an Outperform at Northland
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