Information Provided By:
Fly News Breaks for March 4, 2018
CPLA, STRA
Mar 4, 2018 | 18:46 EDT
First Analysis analyst Corey Greendale upgraded Strayer Education (STRA) to Overweight and raised his price target for the shares to $112 from $105. The stock closed Friday up $2.46 to $89.67. The company's Q4 reported showed a "continued good enrollment trajectory" at Strayer and improved trends at Capella (CPLA), with the merger set to close in Q3, Greendale tells investors in a Sunday night research note. Further, management signaled confidence in the operating environment with its decision to reignite geographic expansion, the analyst adds. Greendale tonight also upgraded Capella to Overweight.