Market Overview

UPDATE: Piper Jaffray Upgrades Strayer Education As Results Are Stabilizing

Related STRA
Back to School with These Education Stocks
ITT Educational Services Investors Get Schooled

In a report published Friday, Piper Jaffray analyst Peter P. Appert upgraded the rating on Strayer Education (NASDAQ: STRA) from Underweight to Neutral, and raised the price target from $47.00 to $53.00.

In the report, Piper Jaffray noted, “While the enrollment and pricing environments remain very challenging, with higher estimates on successful cost reduction initiatives and enrollments expected to turn positive in 2015, we boost our rating to Neutral from Underweight. We continue to anticipate modest secular growth given ongoing competitive and pricing pressures.”

Strayer Education closed on Thursday at $51.82.

Latest Ratings for STRA

DateFirmActionFromTo
Aug 2014Piper JaffrayUpgradesUnderweightNeutral
Aug 2014Wells FargoUpgradesMarket PerformOutperform
Aug 2014BMO CapitalUpgradesMarket PerformOutperform

View More Analyst Ratings for STRA
View the Latest Analyst Ratings

Posted-In: Peter P. Appert Piper JaffrayAnalyst Color Upgrades Analyst Ratings

 

Related Articles (STRA)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters