DeVry shares boosted by education stocks

Posted April 13, 2010 at 12:45 p.m.

By Kathy Bergen
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DeVry Inc. is riding a surge in for-profit education stocks today, with its shares rising by more than 9 percent, to $71.79 at midday on the New York Stock Exchange.

The Downers Grove-based firm’s shares took off after Credit Suisse upgraded its shares and those of Carmel, Ind.-based ITT Educational Services from neutral to outperform.

Analysts cited the possibility that the U.S. government may ease proposed rules affecting eligibility for federal student aid.

 

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