UPDATE: Bank of America Reiterates on DeVry Education Group Following Mixed Quarter Report

In a report published Wednesday, Bank of America analyst Sara Gubins reiterated a Neutral rating on DeVry Education Group (NYSE: DV ), but lowered the price target from $42.00 to $40.00. In the report, Bank of America noted, “DV reported another mixed quarter: weakness in the DeVry University (DVU) segment