Piper Jaffray Provides Color on Business and Learning Services

Piper Jaffray provided color on Business and Learning Services. In a research report published today, the rating agency stressed an improvement in the sector. Piper Jaffray also picked a number of its favorite players in the field. In the report, Piper Jaffray states, “The backdrop for the education stocks has clearly improved with enhanced regulatory clarity and a less-threatening Washington outlook. That said, we continue to believe that selectivity will be key to investment success in the education sector over the next 12-18 months, with improved regulatory clarity mitigated by still challenging near-term fundamentals. BPI and LOPE are our top picks for sector exposure, with DV and APEI also fundamentally attractive but less appealing from a valuation perspective.” On Thursday, Bridgeport Education BPI closed the day at $27.45, while Grand Canyon Education LOPE ended the day at $14.66. At the same time, DeVry DV finished the day at $62.46, while American Public Education's APEI closing value on Thursday was 47.76.