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Fly News Breaks for September 14, 2017
TAL, EDU
Sep 14, 2017 | 08:36 EDT
JPMorgan analyst Leon Chik downgraded New Oriental Education to Underweight (EDU) with an unchanged price target of $82. The analyst says the downgrade is "purely a valuation call." The shares have outperformed the S&P 500 Index by over 90% since the beginning of 2017, Chik tells investors in a research note. The analyst views New Oriental Education's current valuation as rich and prefers TAL Education (TAL) at current share levels.
News For EDU;TAL From the Last 2 Days
TAL
Apr 25, 2024 | 05:09 EDT
Reports Q4 revenue $429.56M, consensus $389.78M. "We ended the 2024 fiscal year with continued development across our core businesses, each delivering distinct value propositions to our customers." said Alex Peng, TAL's president and CFO.