Stride Inc. (LRN) PT Raised to $73 at BMO Capital

BMO Capital analyst Jeffrey Silber raised the price target on Stride Inc. (NYSE: LRN) to $73.00 (from $72.00) while maintaining a Outperform rating.

The analyst comments "LRN reported a broad-based F3Q24 beat to guidance, BMOe, and consensus with GenEd and Career Learning beating expectations. Career Learning growth (MS/HS) reaccelerated, although the smaller Adult Learning remains under pressure. Management raised its FY24E guidance, flowing through the beat. We raise our estimates and target price."

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