Goldman Sachs Starts DeVry (DV) at Neutral

April 11, 2011 7:22 AM EDT
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Price: $13.29 -0.08%

Rating Summary:
    7 Buy, 17 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Goldman Sachs initiates coverage on DeVry (NYSE: DV) with a Neutral rating and $64 price target, suggesting 17 percent upside.

The analyst said strong demand for nursing programs and the company's pro-cyclical exposure to IT programs should allow DeVry to offset much of the softness in new enrollment.

For more ratings news on DeVry click here and for the rating history of DeVry click here.

Shares of DeVry closed at $54.76 yesterday.


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