Jefferies analyst Stephanie Moore initiated coverage of Phoenix Education (PXED) with a Buy rating and $46 price target The firm likes the company’s “attractive valuation” revenue predictability, and strong operating leverage. Phoenix’s alignment of coursework to career relevant skills and completion of technology investments should lead to mid-single-digit revenue growth, the analyst tells investors in a research note.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PXED: