In a report released today, Darren Aftahi from Roth Capital maintained a Buy rating on Aspen Group Inc (Other OTC: ASPU), with a price target of $12.25. The company’s shares closed yesterday at $7.05.
According to TipRanks.com, Aftahi is a 5-star analyst with an average return of 12.6% and a 54.8% success rate. Aftahi covers the Technology sector, focusing on stocks such as Digital Turbine Inc, The Meet Group Inc, and Mitek Systems Inc.
Currently, the analyst consensus on Aspen Group Inc is a Moderate Buy with an average price target of $10.
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Based on Aspen Group Inc’s latest earnings release for the quarter ending July 31, the company reported a quarterly GAAP net loss of $2.84 million. In comparison, last year the company had a GAAP net loss of $767.1K.
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Aspen Group, Inc. is a holding company, which engages in the provision of education. It operates through its subsidiary Aspen University and United States University.
