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UBS starts Laureate Education wuth Buy on earnings growth

UBS initiated coverage of Laureate Education (LAUR) with a Buy rating and $35 price target The shares are not fully reflecting Laureate’s earnings expansion potential, driven by its “solid” balance sheet and margin growth, the analyst tells investors in a research note. The firm sees revenue momentum for the company from student base expansion and new market opportunities in digital in Peru and Mexico.

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