Berenberg Downgrades This Education Services Company
Berenberg analyst Phillip Leytes downgraded Grand Canyon Education Inc (NASDAQ:LOPE) to Hold from Buy with a price target of $86, down from $110, suggesting an upside of 7.7%. Given increased uncertainty around the business, Leytes is moving to the sidelines. He expects the business to continue to rely primarily on GCU enrollments that are decelerating,…
Benzinga ·
Benzinga
