The initiation of coverage by Truist Securities with a Hold rating and a price target of $6 for American Public Education (APEI) is likely to have a neutral impact on the stock price in the short term. The Hold rating suggests that the analyst believes the stock is fairly valued at its current price, and the price target is in line with the current market price. This news is relevant and important for investors in APEI, but the neutral rating does not suggest a significant price movement in either direction.