Bridgepoint Education accreditation outlook has improved, says Wells Fargo After Bridgepoint reported higher than expected Q4 EPS but weaker than expected new enrollment, Wells Fargo reduced its estimates for the company. However, the firm has more confidence that the company's Ashford University will receive accreditation from WASC based on steps the company is taking, and it maintains an Outperform rating on the shares.
News For BPI From The Last 14 Days
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Bridgepoint Education upgraded to Outperform at William Blair William Blair upgraded Bridgepoint Education to Outperform from Market Perform citing valuation and its belief that new enrollment growth will turn positive in Q4 and total enrollment growth later in 2014.