Lincoln Educational price target raised to $45 from $39 at Rosenblatt

Rosenblatt raised the firm’s price target on Lincoln Educational (LINC) to $45 from $39 and keeps a Buy rating on the shares. The company’s highlighted both its near-term momentum and long-term appeal, the analyst tells investors in a research note. The firm sees “strong tailwinds” driving 10% revenue growth and margin expansion as Lincoln benefits from baby boomers aging out of the workforce and the growing perception that trade school represents a better path for a growing number of high school graduates.