Northland analyst Mike Grondahl raised the firm’s price target on Universal Technical (UTI) to $24 from $20 and keeps an Outperform rating on the shares. The company’s fourth quarter featured “solid execution across the board with increased guidance for FY25, continued momentum, and several growth initiatives underway,” the analyst tells investors in a post-earnings note.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UTI:
- Universal Technical price target raised to $22 from $19 at Lake Street
- Universal Technical Institute Reports Strong FY 2024 Growth
- Universal Technical Institute Reports Strong Fiscal 2024 Performance
- Universal Technical reports Q4 EPS 34c vs. 10c last year
- Universal Technical sees FY25 EPS 93c-$1.01, consensus 94c