BMO Capital raised the firm’s price target on McGraw Hill (MH) to $25 from $24 and keeps an Outperform rating on the shares. Recent AI developments may have put some undue pressure on McGraw shares given some skepticism about disintermediating some of its solutions, but the company’s management notes its AI solutions enhance efficiency for teachers and increase personalization to students, and the firm does not view AI as a materially disruptive threat to McGraw Hill, the analyst tells investors in a research note.
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