Phoenix Education Partners (NYSE:PXED) Stock Price Down 6.4% – Here’s What Happened

Phoenix Education Partners, Inc. (NYSE:PXED) traded down 6.4% on Monday . The company traded as low as $29.10 and last traded at $29.23. 32,605 shares changed hands during trading, a decline of 70% from the average session volume of 108,365 shares. The stock had previously closed at $31.23.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. The Goldman Sachs Group decreased their target price on shares of Phoenix Education Partners from $42.00 to $36.00 and set a “neutral” rating for the company in a research report on Friday. Wall Street Zen upgraded shares of Phoenix Education Partners from a “hold” rating to a “buy” rating in a report on Saturday. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $36.00.

Phoenix Education Partners Trading Down 8.0%

About Phoenix Education Partners

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.