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Universal Technical price target raised to $35 from $31 at Lake Street

Lake Street raised the firm’s price target on Universal Technical (UTI) to $35 from $31 and keeps a Buy rating on the shares. Raising the midpoint of its new student start target to 29,500 from 29,000 shows how Universal continues to benefit from a healthy student demand environment, says the analyst, who raised the firm’s outlook in line with the company’s increased FY25 guidance.

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