Barrington Research Reiterates K12 Outperform, $35 PT

Barrington Research reiterated its K12 LRN Outperform rating and $35 price target in a research report published today. In the report, Barrington Research stated, "Its large addressable market (domestic and international) with top-line growth potential, its high quality curriculum (with proven performance results), its passionate management team (Ron Packard), its clean balance sheet, and its strong earnings growth potential, make K12 an attractive stock, in our opinion." Shares of K12 closed today at $25.60, down 0.78% from Monday's market close. At last check, shares were trading at $25.38 in aftermarket trading, down 0.85% from the close.