Barrington raised the firm’s price target on Universal Technical Institute to $15 from $10 and keeps an Outperform rating on the shares following the fiscal Q4 beat. Given the “strong and accelerating performance” of fiscal 2023, the company is entering 2024 with “significant momentum,” the analyst tells investors in a research note.
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Read More on UTI:
- Universal Technical price target raised to $12 from $11 at Lake Street
- Universal Technical price target raised to $14 from $10 at B. Riley
- Universal Technical reports Q4 EPS 10c, consensus 6c
- Universal Technical Institute Reports Fiscal Year 2023 Fourth Quarter and Year-End Results
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