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Fly News Breaks for May 24, 2016
TEDU
May 24, 2016 | 07:11 EDT
Brean Capital noted Tarena reported another solid quarter and said they remain encouraged by the company's steady execution. The firm also likes the company initiatives targeting operations and bottom line improvements, consistent margin expansion, and expectations for continued double digit growth in network capacity. Brean Capital reiterated its Buy rating and $16 price target on Tarena shares.
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