UPDATE: Wunderlich Initiates Lincoln Educational Services - Lincoln Educational Servs (NASDAQ:LINC)

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Wunderlich is out with its report today on Lincoln Education Services (NASDAQ: LINC), initiating LINC at Hold.In its report, Wunderlich writes, "We are initiating coverage of Lincoln Educational Services Corporationwith a Hold rating and a price target of $11. Lincoln is one of the better-diversified for-profit providers of career-oriented training and education in the market."At the time of posting, shares of LINC were trading at $9.63, down 2.03% from Wednesday's close.

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