Universal Technical (UTI) Price Target Raised to $42 by Barrington
Published on · Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowBarrington analyst Alexander Paris increased the price target for Universal Technical Institute, Inc. (UTI) to $42 from $36 while maintaining an Outperform rating. The company reported fiscal Q2 earnings with EPS of $0.01 and revenue of $221.4M, slightly above the consensus estimate of $221.16M. Despite expected pressure on earnings in fiscal 2026 and 2027 due to investments, management anticipates sustained demand and significant growth in enrollment and earnings through fiscal 2028 and 2029. Rosenblatt also raised its price target on UTI to $45, citing solid performance and future margin expansion opportunities.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
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