Strayer Education's stock surged 5.22% during intraday trading on Friday, showing significant upward momentum.
The sharp rise appears to be driven by analyst action from Truist, which adjusted its price target on Strategic Education (the parent company of Strayer University) to $95 from $105 while maintaining a Buy rating on the stock.
Despite the lowered price target, the maintained Buy rating suggests continued confidence in the company's prospects, with the new target still representing substantial upside potential from current trading levels.
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