K12, Inc. (LRN): Agora to Develop Its Own Cirriculum - Wells Fargo

September 9, 2014 7:39 AM EDT
Get Alerts LRN Hot Sheet
Price: $30.55 +1.26%

Rating Summary:
    8 Buy, 4 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 18 | Down: 11 | New: 19
Trade Now! 
Join SI Premium – FREE

Wells Fargo maintained a Market Perform rating on K12, Inc. (NYSE: LRN) with a price target of $19-$22. Analyst Trace A. Urdan said in a research note that Agora is developing its own curriculum. The plans, which would sever ties with K12, was presented at a board meeting yesterday. Based on Urdan's analysis, earnings could be impacted by $44 million annually or $0.67 per share.

For an analyst ratings summary and ratings history on K12, Inc. click here. For more ratings news on K12, Inc. click here.

Shares of K12, Inc. closed at $18.31 yesterday.

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

You May Also Be Interested In

Related Categories

Analyst Comments, Hot Comments

Related Entities

Earnings, Wells Fargo