By: Benzinga
UPDATE: BMO Capital Markets Reiterates Market Perform Rating, Raises PT on Education Management Corp.
In a report published Friday, BMO Capital Markets reiterated its Market Perform rating on Education Management Corp. (NASDAQ: EDMC ), and slightly raised its price target from $3.00 to $4.00. BMO Capital Markets noted, “As enrollment declines continue to be significant, it remains difficult to forecast a trough in revenues.
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