Capella Education (CPLA) Misses Q2 EPS by 12c; Enrollment Down 0.6%

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Go back to Capella Education (CPLA) Misses Q2 EPS by 12c; Enrollment Down 0.6%

Capella Education (CPLA) Price Target Raised to $70 at Barrington Research

July 29, 2014 3:15 PM EDT

Barrington Research maintained an Outperform rating on Capella Education (NASDAQ: CPLA) and raised its price target to $70.00 (from $65.00). The change follows Q2 results.

Analyst Alexander Paris said, "New enrollment increased 11.1% in the second quarter, which was impressive given the tough comp (Q2/13 +12.7%), above the StreetAccount consensus (+4.3%) and managements guidance, which called for growth in the mid-single... More