Northland analyst Mike Grondahl raised the firm’s price target on Universal Technical (UTI) to $24 from $20 and keeps an Outperform rating on the shares. The company’s fourth quarter featured “solid execution across the board with increased guidance for FY25, continued momentum, and several growth initiatives underway,” the analyst tells investors in a post-earnings note.
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Read More on UTI:
- Universal Technical price target raised to $22 from $19 at Lake Street
- Universal Technical Institute Reports Strong FY 2024 Growth
- Universal Technical Institute Reports Strong Fiscal 2024 Performance
- Universal Technical reports Q4 EPS 34c vs. 10c last year
- Universal Technical sees FY25 EPS 93c-$1.01, consensus 94c
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
