Lake Street analyst Eric Martinuzzi reiterated a Buy rating on Universal Technical Institute (UTI – Research Report) today and set a price target of $11.00. The company’s shares closed last Friday at $9.55.
According to TipRanks, Martinuzzi is a 3-star analyst with an average return of 0.7% and a 38.10% success rate. Martinuzzi covers the Technology sector, focusing on stocks such as Par Technology, Perion Network, and Domo.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Universal Technical Institute with a $10.50 average price target.
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The company has a one-year high of $9.67 and a one-year low of $5.57. Currently, Universal Technical Institute has an average volume of 90.89K.
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Universal Technical Institute (UTI) Company Description:
Universal Technical Institute, Inc. engages in the provision of postsecondary education. It operates through the Postsecondary Education and Other segments. The Postsecondary Education segment offers technical training for students seeking careers as professional automotive, diesel, collision repair, motorcycle and marine technicians as well as welders and CNC machining technicians. The Other segment provides manufacturer-specific training and these operations are managed separately from campus operations. The company was founded by Robert I. Sweet in 1965 and is headquartered in Scottsdale, AZ.
