Truist Securities Reiterates Buy Rating on Grand Canyon Education (LOPE)

Truist Securities analyst Jasper Bibb reiterated a Buy rating and $200.00 price target on Grand Canyon Education (NASDAQ: LOPE).

The analyst commented: "We hosted investor meetings in Chicago yesterday with Grand Canyon (LOPE, Buy) CEO Brian Mueller, COO Stan Meyer and FP&A/IR Director Jacob Lambert. We came away from our meetings with: (1) greater appreciation for how LOPE's differentiated brand/outside sales force (~35% of online starts) has insulated the company amid industry-wide challenges from migration to generative search; and (2) a sense that initiatives to return ground enrollment to growth may yield results sooner than investors believe. We think the company's HSD revenue growth/30-40bps margin expansion targets remain achievable in '27."

For an analyst ratings summary and ratings history on Grand Canyon Education click here. For more ratings news on Grand Canyon Education click here.

Shares of Grand Canyon Education closed at $147.59 yesterday.

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