Oppenheimer Initiates Houghton Mifflin Harcourt With Outperform

Analysts at Oppenheimer initiated coverage on

with a Outperform rating. The target price for Houghton Mifflin Harcourt is set to $33. Houghton Mifflin Harcourt shares have gained 46.31 percent over the past 52 weeks, while the S&P 500 index has surged 9.74 percent in the same period. Houghton Mifflin Harcourt's shares rose 0.83 percent to close at $26.60 yesterday.