RBC Capital Starts Coverage on 9 Education Stocks: Strayer (STRA) Named Top Pick
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June 25, 2009 9:17 AM EDT
RBC Capital initiates coverage on For-Profit/Education & Training Services Sector:
- Strayer Education (Nasdaq: STRA) with a Top Pick. Price target $244, suggesting possible upside of 18% from current levels.
- American Public Education (Nasdaq: APEI) with an Outperform. Price target $42, representing potential price appreciation of 11.3%.
- Career Education (Nasdaq: CECO) with an Outperform. Price target $25, suggesting upside of 10.7%.
- Capella Education (Nasdaq: CPLA) with an Outperform. Price target $66, suggesting upside of 15.6%.
- Grand Canyon Education (Nasdaq: LOPE) with an Outperform. Price target $18, suggesting upside of 14%.
- ITT Educational Services (NYSE: ESI) with an Outperform rating. Price target $114, representing possible upside of 20% from current levels.
- Apollo Group (Nasdaq: APOL) with a Sector Perform. Price target $73, indicating potential price appreciation of 9.7%.
- DeVry (NYSE: DV) with a Sector Perform. Price target $53, suggesting 10.9% upside from current levels.
- Corinthian Colleges (Nasdaq: COCO) with an Underperform rating. Price target $17, representing upside of 6.9%.
Stocks in the Education sector are trading in positive territory on the back of the mostly bullish reports.
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