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Fly News Breaks for August 25, 2017
EDU
Aug 25, 2017 | 08:13 EDT
Morgan Stanley analyst Sheng Zhong initiated New Oriental Education with an Overweight and a $100 price target and named it a top pick. The analyst said New Oriental is catching up in K-12 AST tutoring and expects higher utilization to help it achieve better quality growth with increasing operating margin.
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