Early morning tidbits: CECO,SONC
From Notable Calls
Couple of ratings changes that stand out early on:
- UBS is upgrading Career Education (NASDAQ: CECO) to Buy from Neutral while raising their tgt to $30 from $26.
Firm notes the slight revenue miss vs consensus was likely due to lower revenue per student as Culinary programs were extended to 21 months from 15. This makes them less reliant on expensive private loans. Enrollment rose ...
