Laureate Education Inc (LAUR) PT Raised to $43 at BMO Capital

BMO Capital analyst Jeffrey Silber raised the price target on Laureate Education Inc (NASDAQ: LAUR) to $43.00 (from $40.00) while maintaining a Outperform rating.

The analyst comments "We held investor meetings with LAUR CEO, Eilif Serck-Hanssen and the IR team. We came away from the meetings with confidence in the financial model and in the company's trajectory ahead. We note investor interest in this name has been building, and the stock has performed well given management's strong execution and secular story. We raise our target price to $43 from $40, assuming 10% multiple expansion from current levels."

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