Share on StockTwits

Cengage Learning (NASDAQ:CNGO) was upgraded by equities research analysts at Imperial Capital from an “in” rating to an “outperform” rating in a research note issued to investors on Thursday, reports. The firm currently has a $51.00 price objective on the stock, up from their previous price objective of $34.00. Imperial Capital’s target price would indicate a potential upside of 38.78% from the company’s current price.

Cengage Learning (NASDAQ:CNGO) traded up 1.03% on Thursday, hitting $36.75. The stock had a trading volume of 50,000 shares. Cengage Learning has a 1-year low of $36.25 and a 1-year high of $37.625. The stock has a 50-day moving average of $36.77 and a 200-day moving average of $36.77.

The Fly On The Wall

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.