Canaccord raised the firm’s price target on Stride (LRN) to $145 from $135 and keeps a Buy rating on the shares. The firm met with management who shared that ongoing improvements to the company’s marketing tactics are helping it capture a greater share of the growing demand for online schools post-pandemic, with robust enrollment growth and more efficient student acquisition driving very strong results in 1H25.
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Read More on LRN:
- Stride reaction to Department of Ed worries ‘overdone,’ says Morgan Stanley
- Stride management to meet with Barrington
- Stride price target raised to $134 from $122 at BMO Capital
- Stride, Inc. Earnings Call Highlights Growth and Optimism
- School is in Session as Stride (LRN) Rings the Bell with Soaring Success
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