In a report published Wednesday, Deutsche Bank analyst Greg Poole reiterated a Buy rating on Huron Consulting Group HURN, and raised the price target from $70.00 to $73.00.
In the report, Deutsche Bank noted, “Just when we thought it could not get any better, it just did. Healthcare and legal provided a blowout 1Q result. While Education was soft, the CEO is confident it recovers as the year progresses. We are lowering our 2QE EPS (ex amort) from $0.82 to $0.77 (prior Street $0.79), but raising '14E EPS (ex amort) 3% from $3.23 to $3.34 (prior Street $3.18). We maintain our Buy and increase our price target from $70 to $73 due to our higher estimates.”
Huron Consulting Group closed on Tuesday at $62.57.
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