BUZZ-American Public Education rises after Northland Capital starts with 'outperform' rating

Reuters
06/18
BUZZ-American Public Education rises after Northland Capital starts with 'outperform' rating

** Shares of postsecondary education provider American Public Education Inc APEI.O rise 6.6% to $29.92

** Northland Capital starts APEI coverage with an "outperform" rating and PT of $36

** Northland believes APEI has meaningfully improved the business to support a return to growth

** Several macroeconomic tailwinds are driving strong enrollment trends for vocational colleges, including Trump administration's support of career-focused/skilled labor education - Northland

** APEI relatively insulated from macro headwinds such as tariffs, market volatility and the potential for a recession due to the counter-cyclical nature of its business - Northland

** Up to last close, APEI has risen 30% YTD

(Reporting by Juby Babu in Mexico City)

((Juby.Babu@thomsonreuters.com;))

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