McGraw Hill price target raised to $17 from $16 at UBS

UBS raised the firm’s price target on McGraw Hill (MH) to $17 from $16 and keeps a Neutral rating on the shares. Shares are likely to rise following strong Q3 results and a guidance raise, driven by Higher Ed share gains and better-than-expected K-12 performance, with outlook implying upside into Q4 and a return to growth and margin expansion in fiscal 2027, the analyst tells investors in a research note. While execution has been solid and the stock offers an attractive normalized free cash flow yield near 9%, uncertainty around AI’s long-term impact may limit multiple expansion, the firm says.