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Fly News Breaks for May 12, 2017
LAUR
May 12, 2017 | 09:08 EDT
Baird analyst Jeffrey Meuler said Laureate Education posted good Q1 results and called them encouraging from a new enrollment perspective. He also noted the company's full year guidance is maintained, but below the midpoint of prior consensus estimates. Meuler, who said the valuation remains attractive but it is a higher risk idea, reiterated his Outperform rating and raised his price target to $18 from $16 on Laureate Education shares.
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