- The stock price of Lincoln Educational Services (LINC) increased by over 4% pre-market today. This is why.
The stock price of Lincoln Educational Services (LINC) increased by over 4% pre-market today.
Why: Bullish research report
Price target: $8
Analyst: Rosenblatt analyst Steve Frankel
Frankel noted that Lincoln is a counter-cyclical story that is doing all the right things by expanding its program offerings, opening up new campuses, and shifting to blended learning. And Frankel believes that the near-term headwinds that have reduced starts and pushed the company’s guidance lower are more than adequately reflected in the stock’s valuation, which presents a compelling risk/reward ratio. As the starts to recover, Frankel is expecting the stock to narrow the deep discount it currently carries relative to the broader for-profit educational group.