Phoenix Education Partners (NYSE:PXED) Shares Up 8.3% – Time to Buy?

Phoenix Education Partners, Inc. (NYSE:PXED)’s share price shot up 8.3% during mid-day trading on Friday . The stock traded as high as $33.60 and last traded at $33.53. 22,463 shares were traded during trading, a decline of 79% from the average session volume of 107,831 shares. The stock had previously closed at $30.96.

Wall Street Analyst Weigh In

PXED has been the topic of a number of research analyst reports. The Goldman Sachs Group dropped their target price on shares of Phoenix Education Partners from $42.00 to $36.00 and set a “neutral” rating on the stock in a research note on Friday, November 21st. Wall Street Zen upgraded Phoenix Education Partners from a “hold” rating to a “buy” rating in a research note on Saturday, November 22nd. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, Phoenix Education Partners currently has a consensus rating of “Hold” and an average price target of $36.00.

Phoenix Education Partners Trading Up 6.6%

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.