Barrington raised the firm’s price target on Lincoln Educational (LINC) to $22 from $20 and keeps an Outperform rating on the shares. The firm notes Lincoln Educational Services reported financial results for its fourth quarter and year ended December 31 that were above expectations, with initial 2025 guidance also above consensus. With an ending student population up more than 1,900 students year-over-year and momentum carrying through into the first quarter, management said it is anticipating continued revenue growth and margin expansion going forward and provided its initial guidance for 2025, Barrington says.
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