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Barrington Sticks to Their Buy Rating for Strategic Education (STRA)

Barrington analyst Alexander Paris reiterated a Buy rating on Strategic Education (STRAResearch Report) today and set a price target of $85.00. The company’s shares opened today at $63.26.

Paris covers the Services sector, focusing on stocks such as American Public Education, Strategic Education, and Perdoceo Education. According to TipRanks, Paris has an average return of 12.6% and a 49.75% success rate on recommended stocks.

Strategic Education has an analyst consensus of Moderate Buy, with a price target consensus of $80.33.

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Based on Strategic Education’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $273.56 million and a net profit of $15.22 million. In comparison, last year the company earned a revenue of $299.17 million and had a net profit of $19.98 million

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Strategic Education, Inc. engages in the provision of educational services. It focuses on improving college affordability, student engagement and workforce readiness. It provides direct path between learning and employment through campus-based and online post-secondary education offerings, as well as through programs to develop job-ready skills for high-demand markets. The company was founded in 1892 and is headquartered in Herndon, VA.

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