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Filed under: Earnings reports, Analyst upgrades and downgrades, Technical Analysis, Stocks to Buy K12 Inc. (NYSE: LRN) offers The company pleased investors last week, when it reported a fiscal Q4 loss of a penny per share and revenues of $56.5 million. Analysts had been looking for a five cent per share deficit and sales of $47.8 million. Management also said it expected enrollment growth to drive FY09 revenues past $300 million ($283.12M consensus). Argus subsequently reiterated its "buy" rating on the shares and boosted its price target to $33. Continue reading K12 Inc. (LRN): Shares define bullish 'pennant' consolidation Permalink | Email this | Comments
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