Market Overview

UPDATE: Topeka Capital Markets Reiterates Sell Rating, Lowers PT on Corinthian Colleges

Related COCO
8-K Shows Corithian Enters Into A Consent Pact
Top 4 Stocks In The Education & Training Services Industry With The Highest Revenue

In a report published Monday, Topeka Capital Markets reiterated its Sell rating on Corinthian Colleges (NASDAQ: COCO), but slightly lowered its price target from $2.00 to $1.50.

Topeka Capital noted, “We are maintaining our Sell rating on COCO shares and lowering our price target to $1.50, from $2.00, after analyzing the Company's recent 10K, which provides more details on its financial responsibility score, ASFG loan program, and ATB exposure -- all of which remain key overhangs on the stock, in our view. We are also republishing our model to reflect prior-period restatements, but are maintaining our below-consensus FY2013 EPS estimate of $0.25.”

Corinthian Colleges closed on Friday at $2.19.

Latest Ratings for COCO

Jun 2014Gabelli & Co.DowngradesHoldSell
May 2014Deutsche BankMaintainsHold
Feb 2014Compass PointMaintainsSell

View More Analyst Ratings for COCO
View the Latest Analyst Ratings

Posted-In: Topeka Capital MarketsAnalyst Color Price Target Analyst Ratings


Related Articles (COCO)

View Comments and Join the Discussion!

Partner Center