Goldman Sachs Added Apollo Education (APOL) to Conviction Buy List
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Price: $10.00 --0%
Rating Summary:
5 Buy, 12 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
5 Buy, 12 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Goldman Sachs added Apollo Education (NASDAQ: APOL) to its Conviction Buy List with a price target of $62.00, suggesting 22% upside.
The firm said Apollo's proactive efforts to reposition its businesses "will translate into better student outcomes and a more sustainable business model, despite near-term new enrollment weakness."
Goldman expects Street estimates to be revised upward as the company delivers on this strategy.
Catalysts for the stock include improving new enrollment and better retention data.
For more ratings news on Apollo Education click here and for the rating history of Apollo Education click here.
Shares of Apollo Education closed at $50.83 yesterday.
The firm said Apollo's proactive efforts to reposition its businesses "will translate into better student outcomes and a more sustainable business model, despite near-term new enrollment weakness."
Goldman expects Street estimates to be revised upward as the company delivers on this strategy.
Catalysts for the stock include improving new enrollment and better retention data.
For more ratings news on Apollo Education click here and for the rating history of Apollo Education click here.
Shares of Apollo Education closed at $50.83 yesterday.
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