Strategic Education downgraded to Hold from Buy at Truist

Truist analyst Jasper Bibb downgraded Strategic Education (STRA) to Hold from Buy with a price target of $85, down from $95. The firm sees a “more difficult path” for Strategic Education to meet consensus revenue estimates in 2026. Demand remains “subdued” at Strayer and Education Technology Services faces tougher comps against year one of its large retail relationship, the analyst tells investors in a research note. Truist thinks U.S. higher education needs to return to enrollment growth to “get the stock working again.”