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REDU

Rise Education

$11.16

-0.25 (-2.19%)

07:04
11/09/18
11/09
07:04
11/09/18
07:04

Rise Education says CFO Chelsea Qingyan Wang to resign due to personal reasons

RISE Education Cayman announced that Chelsea Qingyan Wang has decided to resign from her role as the company's CFO, due to personal reasons. Jiandong Lu will assume the role of the CFO while retaining her position as the COO of the company. Chelsea Wang will remain with the company until December 31, 2018 to ensure a smooth transition.

REDU Rise Education
$11.16

-0.25 (-2.19%)

11/14/17
MSCO
11/14/17
INITIATION
Target $15.5
MSCO
Overweight
Rise Education initiated with an Overweight at Morgan Stanley
Morgan Stanley analyst Sheng Zhong started Rise Education with an Overweight rating and $15.50 price target, calling it a "leading player" in China's fast-growing market for junior English language teaching. Zhong predicts the company can grow revenue and non-GAAP net profit at 2017-19 CAGRs of 30% and 74%, respectively.
06/07/18
UBSW
06/07/18
INITIATION
Target $18.72
UBSW
Buy
Rise Education initiated with a Buy at UBS
UBS initiated Rise Education with a Buy and $18.72 price target.
06/29/18
06/29/18
NO CHANGE

Morgan Stanley shakes up China Education ratings, ups Bright Scholar, cuts TAL
As previously reported, Morgan Stanley analyst Sheng Zhong upgraded Bright Scholar (BEDU) to Overweight from Equal Weight and downgraded TAL Education (TAL) to Equal Weight from Overweight, telling investors in a note on the China Education sector that she now prefer stocks with a balanced growth outlook and valuation given China's regulatory and operational uncertainties. The analyst, who still prefers companies focused on after-school tutoring, called Rise Education (REDU) and New Oriental Education (EDU) her top picks in the space. Zhong also downgraded Four Seasons Education (FEDU) to Equal Weight and cut her rating on OneSmart Education (ONE) to Equal Weight from Overweight.
09/06/18
UBSW
09/06/18
DOWNGRADE
UBSW
Neutral
Rise Education downgraded to Neutral from Buy at UBS

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CPRX

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NVDA

Nvidia

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BRQS

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$NSD

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$NYE

NYSE Market Internals

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BRQS

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RCII

Rent-A-Center

$19.91

-1.29 (-6.08%)

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Closing call spread in Rent A Center as shares drop almost 5% »

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AAPL

Apple

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DSW

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MGM

MGM Resorts

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ON

ON Semiconductor

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ON

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GRUB

GrubHub

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DSW

DSW

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ORN

Orion Group

$3.66

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SBGL

Sibanye Gold

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NVAX

Novavax

$0.52

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FOE

Ferro

$20.79

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JCI

Johnson Controls

$36.51

0.08 (0.22%)

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CHAP

Chaparral Energy

$5.10

0.62 (13.84%)

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