Strayer Education (STRA) Tops Q4 EPS by 3c

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Piper Jaffray Cuts Price Target on Strayer Education (STRA) Following In-Line 4Q Results

February 8, 2016 9:44 AM EST

Piper Jaffray reiterated a Neutral rating on Strayer Education (NASDAQ: STRA), and cut the price target to $50.00 (from $58.00), following the company's 4Q earnings. Revenues of $113.7M essentially matched consensus, with EPS of $1.19 in-line with consensus of $1.18. The company continues to exercise strong cost discipline,... More