Thread regarding Laureate Education layoffs

Citi pumps Laureate Education as they dump LAUR shares

Talk about a conflict of interest. Citigroup reaffirms a "Buy" rating for Laureate as they dump LAUR shares (with their relationship with Wengen).

https://technewsobserver.com/news/2019/09/14/laureate-education-nasdaqlaur-stock-rating-reaffirmed-by-citigroup-updated-updated.html

http://www.secinfo.com/$/SEC/Name.asp?M=wengen+alberta%2C+limited+partnership

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| 704 views | | 2 replies (last )
Post ID: @OP+112m7J7m

2 replies (most recent on top)

No, I was right the first time. Citi sold 1.5 million shares

https://www.sec.gov/Archives/edgar/data/912766/000114036119017079/formsc13da.htm

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Post ID: @bggy+112m7J7m

May have to correct this. It looks like KKR was divesting from Wengen. In that case, Citi may have issued the "Buy" rating to keep it propped up as they keep their stake in LAUR through Wengen. In either case, I wonder what numbers they are looking at to predict that the shares will move up.

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Post ID: @nty+112m7J7m

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