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Universal Technical price target raised to $34 from $30 at Northland

Universal Technical price target raised to $34 from $30 at Northland

Northland raised the firm’s price target on Universal Technical (UTI) to $34 from $30 and keeps an Outperform rating on the shares following a “strong quarter” that came with increased guidance. In addition to increased guidance for FY25, the quarter featured “strong execution across the board,” continued momentum, and several growth initiatives underway, the analyst tells investors.

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