Piper Jaffray On Business & Learning Services

Piper Jaffray has issued a report on Business & Learning Services after partaking in the Phoenix Education Tour. In the report, Piper Jaffray writes "We came away from a recent series of company visits feeling incrementally more positive on the outlook for the postsecondary stocks over the next 12 months. While we continue to believe it is too early for broad commitments to the sector, attractive long-term growth potential, appealing financial models, and manageable regulatory risk create an attractive investment backdrop for patient investors. LOPE (rated Overweight) and BPI (rated Neutral) were the standouts on our tour based on lower regulatory risk, differentiated positioning and growth strategies, and the potential for above sector average long-term growth." Companies related to this report include: American Public Education APEI $33.68 Apollo Group APOL $35.36 Bridgepoint Education BPI $15.67 Career Education Corp. CECO $19.40 Corinthian Colleges, Inc. COCO $4.60 Capella Education Company CPLA $54.86 DeVry, Inc. DV $44.78 Education Management EDMC $14.54 ITT Educational Services ESI $61.49 Grand Canyon Education LOPE $18.75 Strayer Education, Inc. STRA $144.15 Universal Technical Institute UTI $20.42
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