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Lincoln Educational price target raised to $20 from $16 at Lake Street

Lake Street analyst Eric Martinuzzi raised the firm’s price target on Lincoln Educational (LINC) to $20 from $16 and keeps a Buy rating on the shares following “another strong revenue quarter,” driven by better-than-expected 16% same-campus new student start growth. New student starts “continue to impress,” says the analyst, who raised the firm’s estimates for both 2024 and 2025.

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