Lincoln Educational Services Price Target Raised by Rosenblatt on Growth Outlook

Group 1 - Rosenblatt raised its price target on Lincoln Educational Services to $45 from $39, maintaining a Buy rating due to strong near-term momentum and favorable long-term industry dynamics [1] - Insights from the company's analyst day highlighted current performance strength and long-term growth potential, supported by structural tailwinds [1] - The company is expected to achieve approximately 10% revenue growth alongside margin expansion, driven by demographic trends such as the aging workforce and increasing interest in trade school education [2] Group 2 - The raised valuation reflects Lincoln's continued execution and significant earnings expansion implied by management's long-term targets [2] - The $45 price target is based on a 15x enterprise value to estimated 2027 EBITDA multiple, representing a premium to peers due to strong demand for skilled trades [3] - The company's consistent execution track record supports the premium valuation [3]