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Fly News Breaks for November 13, 2015
DL
Nov 13, 2015 | 07:23 EDT
Brean Capital raised its price target on China Distance Education to $17 from $14 following mixed Q4 results. The company announced a special dividend as well as an expansion of its share repurchase program and the firm sees continued strength in its market positioning and penetration. Brean Capital reiterated its Buy rating on China Distance Education shares.
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