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Fly News Breaks for February 21, 2019
LOPE
Feb 21, 2019 | 08:44 EDT
Baird analyst Jeffrey Meuler designated Grand Canyon as a Fresh Pick following its Q4 results. The analyst said to buy the shares aggressively as underlying trends and guidance are both materially better than expected, especially on a comparable basis. He also said leading indicators are very positive and there are several other sources that could be meaningfully accretive to its intermediate-term organic growth rate. Meuler reiterated his Outperform rating and raised his price target to $135 from $130 on Grand Canyon shares.
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