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Fly News Breaks for January 9, 2020
TAL
Jan 9, 2020 | 06:21 EDT
Macquarie analyst Linda Huang last night upgraded TAL Education to Outperform from Neutral with a price target of $56.60, up from $40, after taking over coverage of the name. The policy risk promulgated in August 2018 is behind the company and its focus on efficiency "could bear fruit for its offline business," Huang tells investors in a research note. As for the online business, the company will address more on cost efficiency and this should help "curb the loss expansion," adds the analyst.
News For TAL From the Last 2 Days
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.