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Fly News Breaks for October 26, 2016
EDU
Oct 26, 2016 | 07:21 EDT
Brean Capital analyst Fawne Jiang raised the firm's price target on New Oriental Education to $60 from $52 following solid Q1 results and upbeat revenue guidance as a result of strong enrollment and improving retention on the back of its successful promotions. Jiang reiterated a Buy rating on New Oriental Education shares.