FBR Capital initiated coverage of Capella Education (NASDAQ:CPLA) with a rating of Market Outperform and a price target of $32. The shares recently traded at $31.19, up $0.29, or 0.94%, on the day. The shares have traded in a 52-week range of $27.38 to $82.95 and its market capitalization is $474.25 million. About the company: Capella Education Company is an online post-secondary education services company. The Company offers doctoral, master’s and bachelor’s programs through their subsidiary.
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