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A Trump Win Lightens The Regulatory Risk For DeVry Education
Wednesday, November 9, 2016 - 3:52pm | 308Read More...Trace Urdan of Credit Suisse upgraded shares of DeVry Education Group Inc (NYSE: DV) to Outperform from Neutral with a price target raised to $30 from a previous $24, as the education company will see more favorable policies out of a Trump administration. Why Trump Matters Under current federal law...
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Nord Anglia Education Guidance Leaves Investors Nonplussed
Tuesday, October 11, 2016 - 11:18am | 338Read More...Shares of Nord Anglia Education Inc (NYSE: NORD) fell more than 2 percent as investors were unimpressed with the company's enrollment and FY2017 earnings guidance, which came in below expectations. The company also announced new investment spending for partnerships and China overhead, while...
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With CFBP's Ruling On Bridgepoint, It's Time To Revisit Credit Suisse's Advice
Tuesday, September 13, 2016 - 8:28am | 512Read More...The Consumer Financial Protection Bureau (CFBP) took action on Monday against Ashford University and the University of the Rockies, two for-profit colleges operated by Bridgepoint Education Inc (NYSE: BPI). The CFPB is forcing Bridgepoint to pay more than $24 million as part of a settlement...
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Credit Suisse Hits Pause Button On DeVry, Downgrades To Neutral
Thursday, June 2, 2016 - 10:10am | 294Read More...DeVry Education Group Inc (NYSE: DV) has announced the departure of CFO Tim Wiggins, who will be replaced by the company’s former treasurer, Patrick Unzicker. Credit Suisse’s Trace Urdan downgraded the rating on the company from Outperform to Neutral, while lowering the price target...
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DeVry: Creating A Workforce Or Cutting Employees?
Wednesday, March 30, 2016 - 1:36pm | 664Read More...The for-profit education industry has long been in decline. Over the past five years, these post-secondary education stocks have tumbled. Many take note of the demise of Corinthian Colleges, whose stock once traded as high as $35.81 in 2004 before being delisted in February 2015, as a warning...
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Opportunity In Grand Canyon Education 'Restored,' Credit Suisse Upgrades To Outperform
Monday, March 7, 2016 - 8:37am | 261Read More...Credit Suisse’s Trace Urdan upgraded the rating on Grand Canyon Education Inc (NASDAQ: LOPE) from Neutral to Outperform, while raising the price target from $39 to $62. “With the overhang of the proposed transaction cleared, we believe the LOPE opportunity has become clearer and...
