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Fly News Breaks for August 28, 2017
EDU, TAL
Aug 28, 2017 | 07:04 EDT
Jefferies analyst Johnny Kin Man Wong raised his price target for TAL Education (TAL) to $35 saying he believes the company, along with New Oriental Education (EDU), could be adopting technologies such as artificial intelligence faster than most investors would expect. Market anticipation of TAL's incorporation of new technologies is likely to move the share price even higher, Man Wong tells investors in a research note. He keeps a Buy rating on the shares.
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