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Fly News Breaks for October 24, 2017
EDU
Oct 24, 2017 | 12:55 EDT
As previously reported, CLSA analyst Marian Kou downgraded New Oriental Education to Underperform from Outperform, citing valuation following the stock's "very strong run." She raised her price target on New Oriental shares to $97 from $92.49, stating that she expects margins to stabilize in Q2.
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