Roth Capital Upgrades Xueda Education (XUE) to Buy Following Q1 Results

May 23, 2012 2:54 PM EDT
Get Alerts XUE Hot Sheet
Price: $5.44 --0%

Rating Summary:
    4 Buy, 2 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 8 | Down: 6 | New: 26
Join SI Premium – FREE
Shares of Xueda Education (NYSE: XUE) edged slightly higher Wednesday afternoon following a mid-day upgrade from an analyst at Roth Capital. Traders in the stock are responding to Q1 results and Q2 guidance from the company this morning.

Roth Capital now rates Xueda shares a Buy, up from Neutral previously. The firm's price target was raised from $3.80 to $4.

With Xueda shares down 3.6 percent to $3.25 at last check, Roth's new target implies potential upside of about 23 percent.

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


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Upgrades

Related Entities

Roth Capital, Earnings