What Happened?

Shares of education company Lincoln Educational (NASDAQ: LINC) jumped 1.9% in the afternoon session after Barrington Research raised its price target on the company to $27 from $25, while maintaining its Outperform rating. 

This action from the research firm suggested confidence in the company's growth potential. An Outperform rating generally means that the analyst expects the stock to do better than the overall stock market. The higher price target indicated that the firm saw more potential value in the shares. This news provided a positive signal for investors regarding the company's outlook in the educational services sector.

After the initial pop the shares cooled down to $21.22, up 3.1% from previous close.

Is now the time to buy Lincoln Educational? Access our full analysis report here.

What Is The Market Telling Us

Lincoln Educational’s shares are not very volatile and have had no moves greater than 5% over the last year.

The previous big move we wrote about was 10 days ago when the stock gained 3.5% on the news that comments from a key Federal Reserve official bolstered hopes for an interest rate cut. New York Federal Reserve President John Williams stated he sees “room for a further adjustment” in the near term, sparking a significant market rally. Following his remarks, the probability of the central bank cutting rates at its December meeting jumped from 39% to over 73%, according to the CME FedWatch tool. This positive sentiment provided relief to markets amid concerns over high valuations, particularly in AI-related stocks.

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