Credit Suisse Starts DeVry (DV) at Outperform
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Compass Point Remains Sidelined as DeVry Education Group (DV) Reports Mixed 2Q and Low 3Q Guidance
February 5, 2016 7:52 AM ESTCompass Point reiterated a Neutral rating on DeVry (NYSE: DV), and cut the price target to $18.00 (from $28.00), following the company's 2Q earnings report. The company reported mixed results, as pressure at DeVry University (DVU) and Carrington was offset by steady performance at Chamberlain. Adjusted EPS of $0.68 beat consensus of $0.66. Revenues fell 6% YOY to $456M while... More
