UPDATE: BMO Capital Markets Downgrades Education Management Following FY1Q14 Results

In a report published Friday, BMO Capital Markets analyst Jeffrey M. Silber downgraded the rating on Education Management (NASDAQ: EDMC ) from Market Perform to Underperform, but raised the price target from $7.00 to $10.00. In the report, BMO Capital Markets noted, “Management said the most recent October start date