FBR Capital initiated coverage of Strayer Education (NASDAQ:STRA) with a rating of Market Outperform and a price target of $85. The shares recently traded at $82.36, up $1.14, or 1.4%, on the day. The shares have traded in a 52-week range of $75.26 to $181.99 and its market capitalization is $989.04 million. About the company: Strayer Education, Inc. is the holding company of Strayer University, an institution of higher learning. Strayer University offers working adults undergraduate and graduate degree programs in business administration, accounting, information technology, education and public administration. Strayer offers courses in the eastern United States and through the Internet.
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