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Fly News Breaks for March 25, 2019
EDU, TAL
Mar 25, 2019 | 08:36 EDT
Morgan Stanley analyst Sheng Zhong upgraded TAL Education (TAL) and New Oriental Education (EDU), both to Overweight from Equal Weight, stating that he expects China's education market to grow from close to RMB6T in 2019 to over RMB10T by 2028 and he expects stricter regulations enacted in 2018 to form a normalized environment where high-quality leading players benefit from higher barriers to entry. Zhong raised his price target on TAL Education shares to $43 from $30 and raised his price target on New Oriental shares to $95 from $65.
News For TAL;EDU From the Last 2 Days
TAL
Apr 25, 2024 | 05:12 EDT
TAL
Apr 25, 2024 | 05:09 EDT
Reports Q4 revenue $429.56M, consensus $389.78M. "We ended the 2024 fiscal year with continued development across our core businesses, each delivering distinct value propositions to our customers." said Alex Peng, TAL's president and CFO.
EDU
Apr 24, 2024 | 12:00 EDT
EDU
Apr 24, 2024 | 10:00 EDT
