Deutsche Bank Starts Grand Canyon Education (LOPE) at Buy; Low Price, Brand and Diverse Lead Sources Key

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Deutsche Bank initiates coverage on Grand Canyon Education (NASDAQ: LOPE) with a Buy. PT $21.00.

Analyst, Paul Ginocchio, said, "With a differentiated growth strategy, based on its traditional Arizona campus brand and affordable tuition, Grand Canyon is well positioned to achieve above industry enrollment growth and margin expansion. We believe Grand Canyon offers an attractive investment opportunity given the company’s low relative regulatory risk, unique marketing channel, and undemanding valuation for its growth."

For an analyst ratings summary and ratings history on Grand Canyon Education click here. For more ratings news on Grand Canyon Education click here.

Shares of Grand Canyon Education closed at $17.76 yesterday, with a 52 week range of $12.26-$18.60.

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