Lincoln Educational price target raised to $27 from $25 at Barrington

Barrington raised the firm’s price target on Lincoln Educational (LINC) to $27 from $25 and keeps an Outperform rating on the shares after hosting meetings with management. The company’s Q3 results topped expectations and its guidance was raised, the analyst tells investors in a research note. The firm says that while management has yet to issue specific 2026 guidance, it expects revenue growth of 10%-12% and adjusted EBITDA margin expansion of 100-200 basis points in each of the next several years, including 2026. Barrington cites higher earnings expectations for the target bump.