Perdoceo Education price target raised to $38 from $35 at Barrington

Barrington raised the firm’s price target on Perdoceo Education (PRDO) to $38 from $35 and keeps an Outperform rating on the shares. The company beat Q1 estimates and raised its 2025 outlook, the analyst tells investors in a research note. The firm cites the better than expected recent results, accretive acquisition of USAHS, the stock’s discounted valuation and a recently raised dividend that yields 2.1% at current levels for the Outperform rating.