Bridgepoint Education (BPI) Tops Q4 EPS by 1c; Total Enrollment Down 5.6%
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- After-hours movers: Meta, Ford, IBM, ServiceNow and more
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Deutsche Bank Maintains Hold on Bridgepoint (BPI), Expects Trends to Worsen
March 12, 2013 12:01 PM EDTDeutsche Bank today maintained a Hold rating on Bridgepoint Education (NYSE: BPI) with a price target of $9.00. Yesterday the company reported results that disappointed investors.
"Bridgepoint reported 4Q new enrollment of 9,300 (-31% YoY) which was significantly worse than our 11,500 (-15%) estimate and the Street's 10,700 (-... More