FBR Capital initiated coverage of Bridgepoint Education (NYSE:BPI) with a rating of Market Outperform and a price target of $22. The shares recently traded at $20.38, up $0.36, or 1.8%, on the day. The shares traded in a 52-week range of $13.65 to $30.62, and its market capitalization is $1.07 billion. About the company: Bridgepoint Education, Inc. is a regionally accredited provider of postsecondary education services. The Company offers associate’s, bachelor’s, master’s and doctoral programs in the disciplines of business, education, psychology, social sciences, and health sciences.
(Note: Stock ratings are sourced from Briefing.com via the Wall St. Journal. Selected financial data are sourced from Google Finance. All data are assumed to be accurate.)
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