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Lincoln Educational price target raised to $24 from $20 at Rosenblatt

Lincoln Educational price target raised to $24 from $20 at Rosenblatt

Rosenblatt analyst Steve Frankel raised the firm’s price target on Lincoln Educational (LINC) to $24 from $20 and keeps a Buy rating on the shares. The firm says that despite “continued strong execution and favorable industry trends,” Lincoln trades below the peer average multiple. The analyst views the shares as undervalued.

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