Piper Jaffray Comments On Education Sector (LOPE, BPI, DV, APEI, CPLA)

Piper Jaffray is out with a research note this morning focusing on the education sector. In the note, Piper Jaffray states, "Countervailing forces in the education sector suggest continued volatility in these stocks on a near-term basis. While regulatory risk appears to be easing, reinforced by a House measure to delay action on Gainful Employment, underlying fundamentals are deteriorating, with decelerating enrollment trends and a negative bias in estimate revisions. We think there's money to be made in the education stocks over the next 12-18 months, but continue to believe it's too early for broad exposure to the group." Companies of interest, according to Piper Jaffray's research note, included Grand Canyon Education LOPE, Bridgepoint Education BPI, DeVry DV, American Public Education APEI, and Capella Education CPLA.
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Posted In: Analyst ColorConsumer DiscretionaryEducation ServicesPiper Jaffray
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