Universal Technical price target raised to $25 from $22 at Barrington

Barrington analyst Alexander Paris raised the firm’s price target on Universal Technical (UTI) to $25 from $22 and keeps an Outperform rating on the shares after the company’s Q4 results beat expectations and its initial FY25 guidance topped consensus. The stock is up 59% year-to-date, and up 16% since the election on November 5, but is still trading at a small premium to its postsecondary education peer group average and roughly in line with its closest trade school comp, Lincoln Educational Services (LINC), the analyst noted.