Stride (LRN) PT Cut to $82 by BMO Capital Due to Platform Integration Failure, Maintains Market Perform

Stride Inc. (NYSE:LRN) is one of the cheap US stocks to buy according to analysts. On November 7, BMO Capital lowered the firm’s price target on Stride to $82 from $108, while keeping a Market Perform rating on the shares. This sentiment was posted when the company’s stock experienced a sell-off following the disclosure of a failed platform integration. However, BMO Capital noted that the company has avoided receiving non-renewal notices from its partners regarding this issue, attributing this stability to ...