Oppenheimer Initiates Houghton Mifflin Harcourt With Outperform

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Analysts at Oppenheimer initiated coverage on

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Houghton Mifflin Harcourt Co

(NASDAQ: HMHC) 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.