UPDATE: Compass Point Reiterates on Corinthian Colleges on Recent Unfavorable Developments

In a report published Thursday, Compass Point analyst Michael Tarkan reiterated a Sell rating on Corinthian Colleges (NASDAQ: COCO ), but lowered the price target from $1.50 to $1.00. In the report, Compass Point noted, “We are maintaining our Sell rating and lowering our price target on COCO shares to