Universal Technical price target raised to $49 from $36 at B. Riley

B. Riley analyst Griffin Boss raised the firm’s price target on Universal Technical (UTI) to $49 from $36 and keeps a Buy rating on the shares. The firm believes investors are rewarding for-profit education names that demonstrate “strong, durable free cash flow generation in the wake of rapidly evolving AI capabilities.” Riley upped the price target after introducing fiscal 2028 estimates, citing “credible visibility” into the long-term roadmaps for Universal Technical.