K12, Inc. (LRN) Tops Q4 EPS by 11c; Managed Enrollment up 4.8%

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Go back to K12, Inc. (LRN) Tops Q4 EPS by 11c; Managed Enrollment up 4.8%

Wells Fargo Downgrades K12, Inc. (LRN) to Market Perform

August 15, 2014 7:00 AM EDT

Wells Fargo downgraded K12, Inc. (NYSE: LRN) from Outperform to Market Perform with a price target of $19-$22 (from $26-$30). The change follows Q4 results. Analyst Trace A. Urdan expressed concern about growth and risk with its largest client.

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