Strategic Education price target lowered to $95 from $105 at Truist

Truist analyst Jasper Bibb lowered the firm’s price target on Strategic Education (STRA) to $95 from $105 and keeps a Buy rating on the shares. The company reported a mixed Q4 where US enrollment declined more steeply than forecast, but EBITDA beat on a combination of cost cutting and AI-driven efficiencies, the analyst tells investors in a research note.