K12 downgraded by BMO Capital, shares slump

|About: K12 Inc. (LRN)|By:, SA News Editor

BMO Capital reduces its rating on K12 (LRN) to Market Perform from Outperform.

The investment firm chops its price target almost in half to $22 after taking in the trend of slowing enrollment at the education concern.

LRN -11.6% premarket.