Market Overview

UPDATE: Oppenheimer Reiterates a Perform on Apollo Group

Related APOL
Capella Education Unit to Award Degrees - Analyst Blog
Top 4 Mid-Cap Stocks In The Education & Training Services Industry With The Highest ROE

Oppenheimer maintains a Perform rating on Apollo Group (NASDAQ: APOL).

Oppenheimer comments, “Positively, APOL raised its full-year operating income guidance range and tightened the top end of revenue guidance. Despite the increased operating income guidance, the starts environment is expected to remain choppy as APOL warned of likely 4Q12 negative starts growth. Although APOL has made strides in managing the potential outcomes of its students, new enrollment volatility remains a challenge. We remain on the sidelines pending enhanced clarity into enrollment (particularly starts).”

Apollo Group closed at $32.47 on Monday.

Posted-In: OppenheimerAnalyst Color Reiteration Analyst Ratings

 

Most Popular

Related Articles (APOL)

Around the Web, We're Loving...

Partner Network

Get Benzinga's News Delivered Free