UPDATE: Northland Capital Markets Starts Zovio Inc (ZVO) at Outperform; Sees 100%+ Upside

April 9, 2021 7:57 AM EDT
Get Alerts ZVO Hot Sheet
Price: $1.50 --0%

Rating Summary:
    1 Buy, 0 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 5 | New: 13
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(Updated - April 9, 2021 8:23 AM EDT)

Northland Capital Markets analyst Greg Gibas initiates coverage on Zovio Inc (NASDAQ: ZVO) with an Outperform rating and $7.50 price target.

The analyst commented, "We are initiating coverage of Zovio Inc. (ZVO) with an Outperform rating and $7.50 price target. As a lesser known Education Technology provider, we believe ZVO's recent business model transition and regulatory risk reduction following the sale of its accredited college business (Ashford University sold to U of Arizona), as well as its growth / margin improvement prospects, are not fully appreciated in the company's current valuation."

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

Shares of Zovio Inc closed at $3.67 yesterday.

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