Morgan Stanley lowered the firm’s price target on Stride (LRN) to $130 from $159 and keeps an Equal Weight rating on the shares. Stride posted a relatively in-line fiscal Q1, but headwinds are expected to disrupt Stride’s enrollment throughout the ’25/’26 school year, notes the analyst, who is lowering the firm’s FY26 revenue and adjusted operating income estimates by 7% and 12%, respectively.
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Read More on LRN:
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