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Fly News Breaks for August 1, 2019
LOPE
Aug 1, 2019 | 09:00 EDT
Baird analyst Jeffrey Meuler said the magnitude of decline in Grand Canyon shares due to the risk of disruption from ED Regulation guidance change, is an overreaction. The analyst believes any disruption would be short lived and believes the regulation and competitive commentary from competitors are unlikely to have a negative impact on the company's fundamentals. Meuler reiterated his Outperform rating and $145 price target on Grand Canyon shares.
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