BMO Capital Maintains Outperform on Stride, Raises Price Target to $67
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Jeffrey Silber has reaffirmed an Outperform rating on Stride Inc. (NYSE:LRN) and increased the price target from $57 to $67, indicating a positive outlook on the company's stock.
November 16, 2023 | 4:22 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Stride Inc. (LRN) receives a continued Outperform rating from BMO Capital, with an increased price target from $57 to $67, suggesting a bullish sentiment on the stock's future performance.
The increase in price target by a reputable analyst like Jeffrey Silber typically signals a strong conviction in the company's potential for growth and profitability. This endorsement is likely to instill confidence in investors and could lead to a short-term increase in the stock price as the market reacts to the positive outlook.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100