B. Riley raised the firm’s price target on Universal Technical to $22 from $20 and keeps a Buy rating on the shares. Universal Technical’s FY24/FY25 guidance needs no new acquisitions, campuses, or programs, the analyst tells investors in a research note, adding that tight labor markets aren’t as much of a headwind anymore.
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Read More on UTI:
- Universal Technical price target raised to $20 from $18 at Barrington
- Universal Technical price target raised to $19 from $17 at Lake Street
- Universal Technical Institute Enhances Investor Relations Resources
- Universal Technical raises FY24 EPS view to 68c-73c from 67c-72c, consensus 70c
- Universal Technical reports Q2 EPS 14c, consensus 15c
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