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Fly News Breaks for February 4, 2020
GSX
Feb 4, 2020 | 06:24 EDT
Citi analyst Mark Li yesterday morning initiated coverage of GSX Techedu with a Buy rating and $42 price target. With technology advances and better customer acceptance, online education is the next key growth driver for China's after-school tutoring sector, Li tells investors in a research note. The analyst views GSX's valuation as attractive.
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