Breaking News Instant updates and real-time market news.

TAL

TAL Education

$41.11

-4.67 (-10.20%)

, EDU

New Oriental Education

$102.82

-3.48 (-3.27%)

08:33
06/14/18
06/14
08:33
06/14/18
08:33

Jefferies keeps Buy rating on TAL, says fraud claims are serious

While Muddy Waters' report did not relate to TAL Education's (TAL) core businesses, the fraud claims are serious nonetheless and would cast concerns over the company's integrity should management be unable to provide a satisfactory explanation, Jefferies analyst Johnny Kin Man Wong tells investors in a research note. The analyst expects share price volatility and notes that New Oriental Education's (EDU) stock price fell from $22.26 to $9.47, or 57.5%, over the course of two days when similar short reports arose in July 2012. Wong has a Buy rating on TAL Education with a $42.50 price target.

TAL

TAL Education

$41.11

-4.67 (-10.20%)

EDU

New Oriental Education

$102.82

-3.48 (-3.27%)

  • 10

    Sep

TAL TAL Education
$41.11

-4.67 (-10.20%)

01/04/18
DBAB
01/04/18
INITIATION
Target $35
DBAB
Buy
TAL Education initiated with a Buy at Deutsche Bank
Deutsche Bank analyst Tallan Zhou started TAL Education with a Buy rating and $35 price target. The analyst sees positive demographic growth in China, an increased number of wealthy families, and greater education awareness as demand drivers.
04/04/18
LYON
04/04/18
DOWNGRADE
LYON
Outperform
TAL Education downgraded to Outperform from Buy at CLSA
05/24/18
LYON
05/24/18
UPGRADE
LYON
Buy
TAL Education upgraded to Buy from Outperform at CLSA
05/24/18
05/24/18
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Deere (DE) upgraded to Buy from Neutral at UBS with analyst Steven Fisher saying the slow recovery in Deere's large agriculture business could accelerate in fiscal 2019 with higher grain prices, which have a favorable set-up entering the growing season. 2. Rowan Companies (RDC) upgraded to Outperform from Market Perform at Wells Fargo with analyst Judson Bailey citing stronger offshore activity and dayrates. The analyst also raised his price target on the shares to $20 from $12. 3. SQM (SQM) upgraded to Market Perform from Underperform at Itau BBA. 4. TAL Education (TAL) upgraded to Buy from Outperform at CLSA. 5. Northern Oil and Gas (NOG) upgraded to Buy from Hold at SunTrust analyst Neal Dingmann saying that after some "painful reorganization," he sees FY18 leverage being reduced to 2.7-times enterprise value to EBITDA vs. 7.0-times in FY17. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
EDU New Oriental Education
$102.82

-3.48 (-3.27%)

12/20/17
LYON
12/20/17
UPGRADE
LYON
Outperform
New Oriental Education upgraded to Outperform from Underperform at CLSA
01/04/18
DBAB
01/04/18
INITIATION
Target $116
DBAB
Buy
New Oriental Education initiated with a Buy at Deutsche Bank
Deutsche Bank analyst Tallan Zhou started New Oriental Education with a Buy rating and $116 price target. The analyst sees positive demographic growth in China, an increased number of wealthy families, and greater education awareness as demand drivers.
03/05/18
JPMS
03/05/18
UPGRADE
Target $83
JPMS
Neutral
New Oriental Education upgraded to Neutral from Underweight at JPMorgan
JPMorgan analyst Leon Chik upgraded New Oriental Education to Neutral and raised his price target for the shares to $83 from $72. The analyst attributes the 10% pullback in shares last week to concerns over tighter regulations on tutorials in China. He believes, however, that large operators like New Oriental can comply with government regulations better than their smaller rivals The company can continue to obtain new tutorial licenses and grow at a "rapid pace," Chik tells investors in a research note.
05/24/18
LYON
05/24/18
DOWNGRADE
LYON
Underperform
New Oriental Education downgraded to Underperform from Outperform at CLSA

TODAY'S FREE FLY STORIES

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

11:17
09/19/18
09/19
11:17
09/19/18
11:17
Technical Analysis
NASDAQ market internals summary »

Volume is above average…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

$NYE

NYSE Market Internals

$0.00

(0.00%)

11:16
09/19/18
09/19
11:16
09/19/18
11:16
Technical Analysis
NYSE market internals summary »

Volume is below average…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

AMZN

Amazon.com

$1,911.33

-29.87 (-1.54%)

11:14
09/19/18
09/19
11:14
09/19/18
11:14
Periodicals
EU antitrust regulator looking at Amazon's use of merchant data, Reuters reports »

The EU's competition…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

NAO

Nordic American Offshore

$0.94

-0.015 (-1.58%)

11:11
09/19/18
09/19
11:11
09/19/18
11:11
Hot Stocks
Nordic American Offshore announces receipt of notice from NYSE »

Nordic American Offshore…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

CC

Chemours

$40.68

0.37 (0.92%)

11:00
09/19/18
09/19
11:00
09/19/18
11:00
Options
Repeat put buying in Chemours Company »

Repeat put buying in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

NVS

Novartis

$84.55

-0.48 (-0.56%)

, TCEHY

Tencent

$0.00

(0.00%)

10:59
09/19/18
09/19
10:59
09/19/18
10:59
Periodicals
Novartis, Tencent to partner, focus on cardiovascular disease, Bloomberg says »

Bloomberg cites an email…

NVS

Novartis

$84.55

-0.48 (-0.56%)

TCEHY

Tencent

$0.00

(0.00%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 19

    Sep

  • 20

    Sep

UNP

Union Pacific

$162.66

-1.04 (-0.64%)

10:58
09/19/18
09/19
10:58
09/19/18
10:58
Recommendations
Union Pacific analyst commentary  »

Union Pacific call…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 19

    Sep

  • 06

    Nov

PDD

Pinduoduo

$23.56

0.92 (4.06%)

10:55
09/19/18
09/19
10:55
09/19/18
10:55
Options
Pinduoduo put volume heavy and directionally bearish »

Bearish flow noted in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

10:50
09/19/18
09/19
10:50
09/19/18
10:50
General news
FX Action: USD-CAD »

FX Action: USD-CAD…

10:45
09/19/18
09/19
10:45
09/19/18
10:45
General news
El-Erian hinting at further yield rise implications »

El-Erian hinting at…

10:45
09/19/18
09/19
10:45
09/19/18
10:45
Hot Stocks
Breaking Hot Stocks news story  »

SilverCrest Metals Inc…

10:40
09/19/18
09/19
10:40
09/19/18
10:40
General news
Energy Action: NYMEX crude »

Energy Action: NYMEX…

AN

AutoNation

$44.15

1.06 (2.46%)

, GM

General Motors

$35.69

0.58 (1.65%)

10:38
09/19/18
09/19
10:38
09/19/18
10:38
Hot Stocks
AutoNation CEO Jackson to step down in 2019 after nearly 20 years »

Shares of AutoNation (AN)…

AN

AutoNation

$44.15

1.06 (2.46%)

GM

General Motors

$35.69

0.58 (1.65%)

F

Ford

$9.79

0.205 (2.14%)

BRK.A

Berkshire Hathaway

$329,890.01

2310.01 (0.71%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 06

    Nov

GS

Goldman Sachs

$232.76

3.81 (1.66%)

, JPM

JPMorgan

$116.50

2.15 (1.88%)

10:37
09/19/18
09/19
10:37
09/19/18
10:37
Periodicals
Goldman nearing deal to spin off fintech app 'Simon,' WSJ reports »

Goldman Sachs (GS) is in…

GS

Goldman Sachs

$232.76

3.81 (1.66%)

JPM

JPMorgan

$116.50

2.15 (1.88%)

HSBC

HSBC

$44.01

0.72 (1.66%)

BCS

Barclays

$9.26

0.155 (1.70%)

WFC

Wells Fargo

$55.06

0.555 (1.02%)

CS

Credit Suisse

$15.30

0.21 (1.39%)

PRU

Prudential

$102.38

2.16 (2.16%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 20

    Sep

  • 21

    Sep

  • 23

    Sep

  • 26

    Sep

  • 27

    Sep

  • 12

    Oct

  • 21

    Oct

  • 26

    Feb

  • 12

    Apr

  • 13

    Jul

  • 15

    Oct

MRVL

Marvell

$18.60

-0.06 (-0.32%)

10:37
09/19/18
09/19
10:37
09/19/18
10:37
Conference/Events
Marvell management to meet with UBS »

Meetings to be held in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Sep

  • 25

    Sep

  • 26

    Sep

10:37
09/19/18
09/19
10:37
09/19/18
10:37
Conference/Events
Morgan Stanley multi-industrial analysts hold analyst/industry conference call »

U.S. Electrical Equipment…

INO

Inovio

$4.87

0.01 (0.21%)

10:36
09/19/18
09/19
10:36
09/19/18
10:36
Conference/Events
Inovio management to meet with Piper Jaffray »

Meeting to be held in San…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Sep

  • 01

    Oct

XYF

X Financial

$0.00

(0.00%)

10:36
09/19/18
09/19
10:36
09/19/18
10:36
Syndicate
Breaking Syndicate news story on X Financial »

X Financial opens at $15,…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 19

    Sep

10:35
09/19/18
09/19
10:35
09/19/18
10:35
General news
Crude inventories for week of September 14 »

Crude oil inventories…

SPY

SPDR S&P 500 ETF Trust

$290.95

-0.01 (-0.00%)

, SPX

S&P 500

$0.00

(0.00%)

10:32
09/19/18
09/19
10:32
09/19/18
10:32
General news
New NAFTA deal with Canada unlikely to be reached this week, Bloomberg says »

A new NAFTA deal between…

SPY

SPDR S&P 500 ETF Trust

$290.95

-0.01 (-0.00%)

SPX

S&P 500

$0.00

(0.00%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

FIT

Fitbit

$5.86

0.06 (1.03%)

, HUM

Humana

$336.41

0.57 (0.17%)

10:31
09/19/18
09/19
10:31
09/19/18
10:31
Hot Stocks
Fitbit in focus amid expanded strategic partnership with Humana »

Shares of smartband and…

FIT

Fitbit

$5.86

0.06 (1.03%)

HUM

Humana

$336.41

0.57 (0.17%)

AAPL

Apple

$215.54

-2.7 (-1.24%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 27

    Sep

  • 28

    Sep

WMT

Walmart

$95.72

0.29 (0.30%)

, JSAIY

J Sainsbury

$0.00

(0.00%)

10:30
09/19/18
09/19
10:30
09/19/18
10:30
Hot Stocks
U.K. regulator refers Sainsbury acquisition of Asda for in-depth investigation »

In August, the…

WMT

Walmart

$95.72

0.29 (0.30%)

JSAIY

J Sainsbury

$0.00

(0.00%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 28

    Oct

  • 15

    Nov

  • 03

    Mar

FIT

Fitbit

$5.87

0.07 (1.21%)

, HUM

Humana

$336.41

0.57 (0.17%)

10:29
09/19/18
09/19
10:29
09/19/18
10:29
Recommendations
Fitbit, Humana analyst commentary  »

Fitbit launch of…

FIT

Fitbit

$5.87

0.07 (1.21%)

HUM

Humana

$336.41

0.57 (0.17%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 27

    Sep

  • 28

    Sep

FISI

Financial Institutions

$32.15

-0.15 (-0.46%)

10:29
09/19/18
09/19
10:29
09/19/18
10:29
Conference/Events
Financial Institutions management to meet with Piper Jaffray »

Meetings to be held in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Sep

  • 25

    Sep

EVER

EverQuote

$15.04

0.15 (1.01%)

10:27
09/19/18
09/19
10:27
09/19/18
10:27
Conference/Events
EverQuote management to meet with Oppenheimer »

Meetings to be held in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 19

    Sep

  • 20

    Sep

  • 20

    Sep

  • 21

    Sep

  • 24

    Sep

  • 25

    Sep

  • 26

    Sep

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.