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K12 (NYSE:LRN) was downgraded by research analysts at Wells Fargo & Co. from an “outperform” rating to a “market perform” rating in a report released on Friday, TheFlyOnTheWall.com reports.

Separately, analysts at Stifel Nicolaus downgraded shares of K12 from a “buy” rating to a “hold” rating in a research note on Tuesday, August 5th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $31.50.

K12 (NYSE:LRN) opened at 19.42 on Friday. K12 has a 52-week low of $17.15 and a 52-week high of $38.14. The stock’s 50-day moving average is $22.66 and its 200-day moving average is $22.61. The company has a market cap of $753.2 million and a price-to-earnings ratio of 79.92.

K12 (NYSE:LRN) last announced its earnings results on Thursday, August 14th. The company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.11. The company had revenue of $232.00 million for the quarter, compared to the consensus estimate of $221.04 million. Analysts expect that K12 will post $1.02 EPS for the current fiscal year.

K12 Inc (NYSE:LRN) is a technology-based education company.

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