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UPDATE: Wunderlich Initiates Universal Technical Institute at Buy

Wunderlich is out with its report today on Universal Technical Institute (NYSE: UTI), initiating UTI at Buy.

In its report, Wunderlich writes, "We are initiating coverage of Universal Technical Institute, Inc. with a Buy rating and a price target of $21.00. As a pure-play, best-in-class provider of automotive repair training, UTI represents a unique asset among the publicly traded post-secondary operators."

Wunderlich has a $21 PT on UTI.

At the time of posting, shares of UTI were trading at $14.54, down 0.14% from Wednesday's close.

Posted-In: WunderlichAnalyst Color Price Target Initiation Analyst Ratings

 

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