Truist reiterates Buy on Universal Technical Institute stock at $38
Truist Securities reiterated a Buy rating on Universal Technical Institute (UTI) with a $38 price target, citing potential upside if execution improves. UTI stock is near its 52-week low, down 48% over six months. The company reported a 7.2% revenue increase in Q3 but missed forecasts and lowered its full-year outlook, leading Texas Capital to downgrade the stock to Hold with a $25 target.

