Adtalem Global Education shares are trading higher after the company reported better-than-expected Q1 financial results and issued FY24 guidance. Also, Baird upgraded the stock from Neutral to Outperform and raised its price target from $47 to $55.
Portfolio Pulse from Benzinga Newsdesk
Adtalem Global Education reported better-than-expected Q1 financial results and issued FY24 guidance. Baird upgraded the stock from Neutral to Outperform and raised its price target from $47 to $55.
October 27, 2023 | 3:34 pm
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Adtalem Global Education's stock is expected to perform well following better-than-expected Q1 results, FY24 guidance, and an upgrade from Baird.
Adtalem Global Education's better-than-expected Q1 results and FY24 guidance indicate a strong financial performance. Additionally, Baird's upgrade from Neutral to Outperform and the increase in price target from $47 to $55 suggest a positive outlook for the stock.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100