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Apollo Group (APOL) beat earnings expectations late on Thursday, and many other for-profit educators are getting a boost today.
Apollo hit a new 52-week high of $57.09 in intraday trading, and was recently up 5.9% at $56.89. After a difficult 2009 and 2010 amid increased federal oversight of for-profit educators, Apollo shares are up 44% in the past year. Deutsche Bank analysts reiterated their Buy rating on the stock. Devry (DV) also rose 6.1% to $41.42, but is well off its high of $66.85. Original Article Source by Barrons.com |
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