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Notable Put Options Activity in New Oriental Education & Technology
Friday, August 26, 2011 - 12:24pm | 110Shares of New Oriental Education & Technology (NYSE: EDU) are higher on the session by 1.01%, currently trading at $27.07. The stock has been moving largely lower over the past two months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. A...
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Gabelli Maintains Hold on Corinthian Colleges
Wednesday, August 24, 2011 - 8:59am | 89Gabelli is out with its report today on Corinthian Colleges (NASDAQ: COCO), maintaining Hold. In its report, Gabelli writes, "Hold. Based in part on 1) an expected increase in the number of ATB students, 2) adjustments in tuition that encourages full-time students (and accelerates revenues), 3)...
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UPDATE: Bank of America Merrill Lynch Lowers PO on Corinthian Colleges to $2
Wednesday, August 24, 2011 - 7:55am | 110Bank of America Merrill Lynch is out with its report today on Corinthian Colleges (NASDAQ: COCO), lowering its PO to $2 from $5. In its report, Bank of America Merrill Lynch writes, "Shares of COCO are trading at 10x our lowered CY12E EPS of $0.20. COCO faces significant EPS de-leveraging as...
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Morgan Stanley Looks at F4Q at Corinthian Colleges
Wednesday, August 24, 2011 - 7:29am | 96Morgan Stanley has published a research report on Corinthian Colleges (NASDAQ: COCO) commenting broadly on developments at the for-profit educational venture. In the report, Morgan Stanley wrote, "We view COCO's F4Q results as a mixed bag. On the positive side, mgmt guided to enrollment growth in...
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Deutsche Bank Has Hold On Corinthian Colleges
Wednesday, August 24, 2011 - 7:26am | 139Deutsche Bank is out with a research report on Corinthian Colleges Inc (NASDAQ: COCO) and it has a Hold rating and a $2 price target on shares. In a note to clients, Deutsche Bank writes, "Due to the new changes to the associate program combined with previous changes, we believe the outlook for...
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UPDATE: Piper Jaffray Lowers PT on Corinthian Colleges from $3.50 to $3 and Maintains Underweight Rating
Wednesday, August 24, 2011 - 7:25am | 106Piper Jaffray has published a research report on Corinthian Colleges (NASDAQ: COCO). In the report, Piper Jaffray wrote, "We are trimming our EPS estimates for CY2011 and FY2013; but due to the timing of expenses, are maintaining FY2012 EPS estimates and raising CY2012 estimates. Our F1Q 2012...
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UPDATE: Sterne Agee Upgrades Strayer Education from Sell to Neutral
Wednesday, August 24, 2011 - 6:42am | 109Sterne Agee has published a research report on Strayer Education (NASDAQ: STRA) raising the rating on the company, and removing the price target. In the report, Sterne Agee wrote, "There are three reasons for the upgrade: 1) The stock has exceeded our target price; 2) STRA's 4.5% current dividend...
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Benzinga's Top Upgrades
Wednesday, August 24, 2011 - 6:42am | 125Analysts at Morgan Keegan upgraded AtriCure Inc (NASDAQ: ATRC) from “market perform” to “outperform.” ATRC's shares closed at $10.82 yesterday. AtriCure's trailing-twelve-month revenue is $63.28 million. Analysts at Benchmark Company upgraded Tesoro Corporation (NYSE: TSO) from “sell” to “buy.”...
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UPDATE: Citi Lowers PT on Corinthian Colleges to $2
Wednesday, August 24, 2011 - 6:36am | 64Citi is out with its report today on Corinthian Colleges (NASDAQ: COCO), lowering its PT to $2 from $5. In its report, Citi writes, "We rate Corinthian Colleges Hold/Speculative with a $2 PT as we see considerable downside risk due to uncertain impact from structural and regulatory issues."...
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Deutsche Bank Lowers PT On Corinthian Colleges To $2
Wednesday, August 24, 2011 - 5:22am | 27Deutsche Bank has lowered the price target on Cortinthian Colleges (NASDAQ: COCO) from $4.50 to $2 and maintains its Hold rating.
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Citigroup Lowers PT On Corinthian Colleges To $2
Wednesday, August 24, 2011 - 5:17am | 26Citigroup has lowered the price target on Corinthian Colleges (NASDAQ: COCO) from $5 to $2 and maintains its Hold rating.
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Sterne Agee Upgrades Strayer Education To Neutral
Wednesday, August 24, 2011 - 4:53am | 20Sterne Agee has upgraded Strayer Education (NASDAQ: STRA) from Sell to Neutral.
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Notable Call Options Activity in Corinthian Colleges
Tuesday, August 23, 2011 - 10:58am | 96Shares of Corinthian Colleges (NASDAQ: COCO) are lower on the session by 18.01%, currently trading at $1.73. The stock has been moving largely lower over the past three months and is currently trading below the 50-day average. Options traders are focusing on calls today. A short while ago the...
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Bank of America Comments on Corinthian Colleges
Tuesday, August 23, 2011 - 8:36am | 98Bank of America has published a research report on Corinthian Colleges Inc (NASDAQ: COCO). In the report, Bank of America wrote, "4Q11 EPS from continuing ops. of $0.13 (ex an $0.08 impairment charge) was $0.02 above our estimate, $0.01 above consensus and at the high end of guidance ($0.11-$0.13...
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Gabelli Maintains Hold on Corinthian Colleges
Tuesday, August 23, 2011 - 8:13am | 78Gabelli is out with its report today on Corinthian Colleges (NASDAQ: COCO), maintaining Hold. In its report, Gabelli writes, "Hold. We are reworking our numbers, but COCO appears to trade at less than 4x FY2012E EBITDA. If the company remains in compliance with new Dept of Ed regulations, its...