FBR Capital Rates ITT Educational Market Outperform

FBR Capital initiated coverage of ITT Educational (NYSE:ESI) with a rating of Market Outperform and a price target of $64.  The shares recently traded at $64.19, up $1.14, or 1.81%, on the day.  The shares have traded in a 52-week range of $52 to $95.52 and its market capitalization is $1.73 billion.  About the company: ITT Educational Services, Inc. provides technology-oriented postsecondary degree programs in the United States. The Company’s institutes offer associate, bachelor, and master degree programs, as well as non-degree diploma programs.

(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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