DeVry Inc. (DV) Management Change Is A Catalyst - Piper Jaffray

Piper Jaffray analyst, Peter Appert, believes an unexpected change in senior management at DeVry (NYSE: DV) likely signals an intensified focus by DV’s board on addressing challenges facing the company. New leadership could potentially serve as a catalyst to accelerated efforts to improve profitability and resolve regulatory/legal uncertainty, both of which could be meaningful drivers of valuation upside.

No change to Overweight rating or $35 PT.

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

Shares of DeVry closed at $20.20 yesterday.

You May Also Be Interested In

• Boston Beer Company (SAM) PT Lowered to $325 at Jefferies
• Citi Downgrades UBS AG (UBSG:SW) (UBS) to Neutral
• Costco Wholesale (COST) PT Raised to $710 at Citi