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Fly News Breaks for December 3, 2018
CECO
Dec 3, 2018 | 07:32 EDT
Barrington analyst Alexander Paris started Career Education with an Outperform rating and $18 price target. The company has a "strong" balance sheet and cash position with its restructuring essentially complete, Paris tells investors in a research note. The analyst finds the current valuation as attractive and believes management should be able to align the company's universities with the "favorable" long-term demand trends in post-secondary education.
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