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Fly News Breaks for January 22, 2019
EDU
Jan 22, 2019 | 13:38 EDT
As previously reported, CLSA analyst Martin Kou upgraded New Oriental Education to Buy from Outperform after the company's revenue and margin beat in Q2 and the company issued a "robust" outlook. He expects regulatory concern to start dissipating, said Kou, who raised his price target on New Oriental shares to $83.60 from $64.20.