Here’s Why These 4 Stocks Are in the Morning Spotlight

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Shares of beaten-up Apollo Education Group Inc (NASDAQ:APOL) are up by 11.2% today after the company reported first quarter EPS of $0.29 on revenue of $586.02 million. Although Apollo’s top line missed by $24.4 million and its bottom line whiffed by $0.02 per share, investors are buying because Apollo says its board is considering strategic alternatives, including an action that could lead to a change of control in the company. Apollo Education Group Inc (NASDAQ:APOL) has retained  Credit Suisse and Barclays as financial advisors for the potential transaction. Any sale will presumably come at a premium to Apollo’s unaffected stock price.

Follow Wells Fargo & Company (NYSE:WFC)

Wells Fargo & Co (NYSE:WFC) received some love from the sell-side today, as the analysts at Goldman upgraded the stock to ‘Buy’ from ‘Neutral’, writing that the mega-bank will benefit from favorable factors such as a strong U.S economy, higher interest rates, and potentially-higher capital returns. Shares of Wells Fargo & Co (NYSE:WFC) are 0.67% in the green today as a result. In addition to sell-side love, 85 elite investors also own Wells Fargo, one of which is Warren Buffett‘s Berkshire Hathaway.

Follow Apollo Education Group Inc (NASDAQ:APOL)

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