Wunderlich Securities Comments on Ambow Education

Wunderlich Securities provided color on Ambow Education

in a research report published today. Wunderlich Securities has previously given Ambow Education a Buy rating and $14 price target. In the report, Wunderlich Securities states, "Ambow Education (

) remains extremely confident in its growth prospects, citing likely continued elevated growth in its career enhancement centers and potential acceleration in tutoring growth as new centers come on line. We believe there is an enormous disconnect between Ambow's market position, quality, and growth prospects and its current share price. As the company continues to tell its story and execute against its growth strategy, we expect estimates and the earnings multiple to rise." Shares of Ambow Education were trading at $6.20 at the time of posting, down 1.12% from Thursday's market close.