UPDATE: Morgan Stanley Downgrades DeVry on Muted 4Q Outlook
July 23, 2013 at 10:27 AM EDT
In a report published Tuesday, Morgan Stanley analyst Suzanne E. Stein downgraded DeVry (NYSE: DV ) from Overweight to Equal-Weight, and removed the $35.00 price target. In the report, Morgan Stanley noted, “With no sign of a recovery at DVU, we see no fundamental reason for the stock's recent move. Despite