Barrington analyst Alexander Paris raised the firm’s price target on Stride (LRN) to $170 from $150 and keeps an Outperform rating on the shares. The company’s fiscal Q3 topped estimates and its full year guidance was raised, the analyst tells investors in a research note. The firm highlights Stride’s current favorable macro trends, accelerating momentum and expanding margins.
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Read More on LRN:
- Stride price target raised to $165 from $155 at Canaccord
- Stride’s Strong Financial Performance and Optimistic Future Guidance Justify Buy Rating
- Stride, Inc. Reports Record Third Quarter Growth
- Stride reports Q3 EPS $2.20, consensus $2.15
- Stride raises FY25 revenue view to $2.37B-$2.385B, consensus $2.34B