Strategic Education Downgraded to Hold by Truist on Growth Concerns, Shares Fall 3%

Truist Securities downgraded Strategic Education (NASDAQ: STRA) to Hold from Buy and lowered its price target to $85 from $95, citing a more challenging outlook for revenue growth. Shares declined more than 3% intra-day Tuesday following the downgrade. The firm said it sees a more difficult path for the company to achieve consensus revenue estimates in 2026, with demand remaining weak at Strayer and Education Technology Services (ETS) facing tougher year-over-year comparisons following the first year of a m ...