Phoenix Education Partners (NYSE:PXED) Trading Up 4.2% – Here’s What Happened

Shares of Phoenix Education Partners, Inc. (NYSE:PXED) shot up 4.2% on Wednesday . The company traded as high as $31.13 and last traded at $30.99. 68,873 shares were traded during mid-day trading, a decline of 41% from the average session volume of 115,794 shares. The stock had previously closed at $29.75.

Wall Street Analyst Weigh In

PXED has been the topic of a number of recent research reports. The Goldman Sachs Group dropped their target price on Phoenix Education Partners from $42.00 to $36.00 and set a “neutral” rating on the stock in a research report on Friday, November 21st. Wall Street Zen downgraded shares of Phoenix Education Partners from a “buy” rating to a “hold” rating in a report on Saturday, December 20th. Finally, Barrington Research started coverage on shares of Phoenix Education Partners in a report on Thursday, December 4th. They set an “outperform” rating and a $45.00 target price for the company. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $40.50.

Phoenix Education Partners Trading Up 2.5%

Phoenix Education Partners Company Profile

Our Mission To provide access to higher education opportunities that enable students to develop the knowledge and skills necessary to achieve their professional goals, improve the performance of their organizations and provide leadership and service to their communities. We are a mission-driven organization operating at the forefront of the rapidly evolving post-secondary education market. As one of the largest online education providers and a pioneer in our field, we benefit from the dynamic interplay between technological innovation, education, employment and economic trends.