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Bearish, but moderated by the target remaining above the reported price; the downgrade is an analyst opinion, not a fundamental event.
What happened, with direct paths to the underlying reporting
BMO Capital downgraded Strategic Education to Market Perform. Its reported $66 target is above the $58.47 price, tempering the bearish implication of the rating change.
Target: $66
Posted price: $58.47
Analyst firm: BMO Capital
Analyst: Jeffrey Silber
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