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McGraw Hill initiated with an Outperform at Baird

Baird initiated coverage of McGraw Hill (MH) with an Outperform rating and $21 price target The company offers a high-margin business and provides “highly important” solutions in a stable market with limited competition, the analyst tells investors in a research note. The firm sees potential future share gains for McGraw Hill given its content, digital transition, trusted brand, and market position.

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