Market Overview

UPDATE: Piper Jaffray Upgrades Strayer Education As Results Are Stabilizing

Share:
Related STRA
Top 4 Small-Cap Stocks In The Education & Training Services Industry With The Highest Profit Margin
Earnings Scheduled For February 6, 2015
Students rally against diminished for-profit college degrees (Seeking Alpha)

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
Nov 2014JP MorganMaintainsNeutral
Aug 2014Piper JaffrayUpgradesUnderweightNeutral
Aug 2014Wells FargoUpgradesMarket 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...