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Fly News Breaks for June 30, 2015
APOL
Jun 30, 2015 | 08:39 EDT
As previously reported, BofA/Merrill downgraded Apollo Education to Underperform from Neutral and lowered its price target to $14 from $20. The firm said management's retentions efforts have been unsuccessful and continues to see uncertainty around the trajectory of long-term enrollment, revenue and margins.
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