Scholastic news

[grey_wolf_c]

No: HPFGUIDX 37794

--- In HPforGrownups at y..., "columbiatexan" <columbiatexan at y...> wrote:
> This care of Yahoo! Finance's Briefing.com In Play page--dontcha just 
> love it when different serious interests of yours (in this case, 
> finance/business and Harry Potter) collide:
> 
> 8:37AM Scholastic Corp cut to Hold by Pru on valuation (SCHL) 56.40: 
> Prudential downgrades to HOLD from Buy as stock price exceeds firm's 
> $56 price target. Whiledowngrade is based on valuation, firm 
> acknowledges some uncertainty exists regarding, at a minimum, the 
> timing of the release of Harry Potter Book V. Firm's interest in 
> SCHL's shares could be renewed if the Harry Potter-induced earnings 
> volatility were reduced, perhaps through a multi-book contract with 
> Ms. Rowling. 
> 
> Hmmm...
> 
> Rohit (columbiatexan)

OK, I've read it through some five times and still don't understand 
what it says. Rohit (or anyone), could you please translate whatever 
the news is to simple English? (Is it good news, bad news, what?)

Grey Wolf, sorry for the one-liner, but in need of English->English 
translation.