Deutsche Bank Upgrades American Public Education (APEI) to Buy; Traction in the Civilian Market

April 2, 2012 4:41 PM EDT Send to a Friend
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Price: $35.66 --0%

Rating Summary:
    7 Buy, 6 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 0 | Down: 5 | New: 5
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Deutsche Bank upgraded American Public Education (NASDAQ: APEI) from Hold to Buy, price target raised from $42 to $45.

Analyst, Paul Ginocchio, said, "We are upgrading APEI to a Buy based on a favorable growth outlook due to the company’s successful civilian student market penetration, mature but still ongoing growth in military enrollment, and an attractive entry point due to lingering concerns over changes to 90/10 and reduced military education support. Affordable tuition, a very low regulatory risk profile and diversified sources for student leads position APEI for long term success in online post secondary education, in our view."

For an analyst ratings summary and ratings history on American Public Education click here. For more ratings news on American Public Education click here.

Shares of American Public Education closed at $38.00 yesterday.


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