Perdoceo Education Maintains Outperform Recommendation from Barrington Research

Barrington Research maintains Perdoceo Education (PRDO) with an Outperform recommendation, citing a price target of $42.84/share, a 40.92% increase from the latest closing price of $30.40/share. The firm projects annual revenue of $690MM and non-GAAP EPS of $1.25. Institutional ownership has increased by 2.76% in the last quarter, with 632 funds reporting positions in PRDO.