BMO Cuts McGraw Hill Price Target to $19 While Keeping Outperform Rating
BMO Capital lowered its 12-month price target for McGraw Hill to $19.00 from $21.00 but retained an Outperform rating after the educational publisher reported stronger-than-expected results, led by Higher Education and digital revenue growth. Management raised FY2026 guidance on U.S. Higher Education strength, while BMO adjusted estimates upward an…