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Fly News Breaks for November 28, 2017
CPLA, STRA
Nov 28, 2017 | 07:38 EDT
BMO Capital analyst Jeffrey Silber lowered his price target on Strayer (STRA) to $112, citing the management's "standalone projections" that marketing costs will outpace new enrollment growth over the next 5 years due to cost per inquiry inflation and additional marketing investments on new program launches. The analyst keeps his Outperform rating on Strayer, saying he remains positive on the prospects of the merger with Capella Education (CPLA).
News For STRA;CPLA From the Last 2 Days
STRA
Apr 26, 2024 | 08:45 EDT
Truist raised the firm's price target on Strategic Education to $145 from $125 and keeps a Buy rating on the shares. The company reported a strong Q1, led by enrollment outperformance in both the U.S. Higher Education segment and the Australia/New Zealand segment, the analyst tells investors in a research note. Strategic Education is clearly tracking well ahead of the enrollment and margin tempo assumed in consensus FY24 estimates, the firm added.