Breaking News

Over a week ago
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Hot Stocks
Tiger Global takes $110M stake in Peloton during Q1, exits Slack » 13:28
05/15/20
05/15
13:28
05/15/20
13:28
ATH

Athene Holding

$24.28 /

-0.2 (-0.82%)

, PTON

Peloton

$49.15 /

+4.02 (+8.91%)

, DNK

Phoenix Tree

$6.60 /

+ (+0.00%)

, WORK

Slack Technologies

$31.94 /

+0.27 (+0.85%)

, VXX

iPath S&P 500 VIX Short-Term Futures

$37.59 /

+ (+0.00%)

, WDAY

Workday

$154.77 /

-0.44 (-0.28%)

, RNG

RingCentral

$286.97 /

+15.65 (+5.77%)

, BABA

Alibaba

$201.87 /

+0.63 (+0.31%)

, DDOG

Datadog

$69.09 /

+3.87 (+5.93%)

, PLAN

Anaplan

$42.60 /

+1.42 (+3.45%)

, EDU

New Oriental Education

$117.80 /

-2.12 (-1.77%)

, APO

Apollo Global

$40.32 /

-0.46 (-1.13%)

, TDG

TransDigm

$328.00 /

-2.38 (-0.72%)

, UBER

Uber

$32.80 /

+0.01 (+0.03%)

, FLT

FleetCor

$223.90 /

+3.51 (+1.59%)

, SPOT

Spotify

$157.59 /

+5.55 (+3.65%)

, GOOGL

Alphabet Class A

$1,370.88 /

+13.51 (+1.00%)

, JD

JD.com

$50.02 /

+1.05 (+2.14%)

, MSFT

Microsoft

$181.35 /

+0.85 (+0.47%)

, FB

Facebook

$209.65 /

+2.92 (+1.41%)

, AMZN

Amazon.com

$2,391.42 /

+2.15 (+0.09%)

Chase Coleman's…

Chase Coleman's Tiger Global disclosed in an SEC filing its holdings as of March 31, 2020. The fund made three new buys during the first quarter: 7.46M shares of Athene Holding (ATH), 4.15M shares of Peloton Interactive (PTON) and 1.85M shares of Phoenix Tree Holdings (DNK). Tiger exited two positions during the quarter, Slack Technologies (WORK) and iPath S&P 500 VIX Short-Term Futures (VXX). The fund increased its stake in 11 holdings, including Workday (WDAY), RingCentral (RNG), Alibaba (BABA), Datadog (DDOG), Anaplan (PLAN) and New Oriental Education (EDU). Tiger reduced its stake in 14 holdings, including Apollo Global (APO), TransDigm (TDG), Uber Technologies (UBER), FleetCor Technologies (FLT), Spotify (SPOT) and Alphabet (GOOG). The fund's top holdings as of March 31, in order of size, were JD.com Class A (JD), Microsoft (MSFT), Facebook (FB) Apollo Global and Amazon.com (AMZN).

ShowHide Related Items >><<
WORK Slack Technologies
$31.94 /

+0.27 (+0.85%)

WDAY Workday
$154.77 /

-0.44 (-0.28%)

UBER Uber
$32.80 /

+0.01 (+0.03%)

TDG TransDigm
$328.00 /

-2.38 (-0.72%)

SPOT Spotify
$157.59 /

+5.55 (+3.65%)

RNG RingCentral
$286.97 /

+15.65 (+5.77%)

PTON Peloton
$49.15 /

+4.02 (+8.91%)

PLAN Anaplan
$42.60 /

+1.42 (+3.45%)

MSFT Microsoft
$181.35 /

+0.85 (+0.47%)

JD JD.com
$50.02 /

+1.05 (+2.14%)

GOOGL Alphabet Class A
$1,370.88 /

+13.51 (+1.00%)

FLT FleetCor
$223.90 /

+3.51 (+1.59%)

FB Facebook
$209.65 /

+2.92 (+1.41%)

DNK Phoenix Tree
$6.60 /

+ (+0.00%)

DDOG Datadog
$69.09 /

+3.87 (+5.93%)

BABA Alibaba
$201.87 /

+0.63 (+0.31%)

ATH Athene Holding
$24.28 /

-0.2 (-0.82%)

APO Apollo Global
$40.32 /

-0.46 (-1.13%)

AMZN Amazon.com
$2,391.42 /

+2.15 (+0.09%)

ATH Athene Holding
$24.28 /

-0.2 (-0.82%)

05/12/20 SunTrust
Athene Holding price target lowered to $45 from $61 at SunTrust
04/27/20 Credit Suisse
Athene Holding price target lowered to $46 from $59 at Credit Suisse
03/20/20 RBC Capital
RBC Capital sees some time before Life Insurance returns to 'normal'
03/20/20 RBC Capital
Athene Holding downgraded to Sector Perform from Outperform at RBC Capital
PTON Peloton
$49.15 /

+4.02 (+8.91%)

05/13/20 Rosenblatt
Peloton on track to meet, potentially beat subscriber guidance, says Rosenblatt
05/13/20 JMP Securities
Peloton price target raised to $59 from $53 at JMP Securities
05/13/20 Stifel
Stifel boosts Peloton target to $55 after connected fitness subs top 1M
05/07/20 Roth Capital
Peloton price target raised to $51 from $38 at Roth Capital
DNK Phoenix Tree
$6.60 /

+ (+0.00%)

WORK Slack Technologies
$31.94 /

+0.27 (+0.85%)

04/16/20 Credit Suisse
Slack Technologies price target raised to $26 from $21 at Credit Suisse
04/14/20
Fly Intel: Top five analyst initiations
04/14/20 Cantor Fitzgerald
Slack Technologies initiated with an Overweight at Cantor Fitzgerald
04/13/20 Cantor Fitzgerald
Slack Technologies initiated with an Overweight at Cantor Fitzgerald
VXX iPath S&P 500 VIX Short-Term Futures
$37.59 /

+ (+0.00%)

WDAY Workday
$154.77 /

-0.44 (-0.28%)

05/04/20 Rosenblatt
Rosenblatt starts Workday with Sell rating on growth concerns
05/04/20 Rosenblatt
Workday initiated with a Sell at Rosenblatt
04/24/20 Cowen
Workday downgraded to Market Perform at Cowen
04/24/20 Cowen
Workday downgraded to Market Perform from Outperform at Cowen
RNG RingCentral
$286.97 /

+15.65 (+5.77%)

05/11/20 Jefferies
Avaya Q2 comments a positive read-through for RingCentral, says Jefferies
05/07/20 Wells Fargo
RingCentral price target raised to $285 from $280 at Wells Fargo
05/07/20 Oppenheimer
RingCentral price target raised to $270 from $240 at Oppenheimer
05/07/20 Raymond James
RingCentral price target raised to $290 from $250 at Raymond James
BABA Alibaba
$201.87 /

+0.63 (+0.31%)

04/09/20 Morgan Stanley
Alibaba 'core of core' revenue recovery outlook improved, says Morgan Stanley
03/23/20 Oppenheimer
Tencent, Baidu, Alibaba attractive at current levels, says Oppenheimer
02/25/20 Goldman Sachs
Huya downgraded to Neutral on cost inflation at Goldman Sachs
02/20/20 Argus
Alibaba price target raised to $260 from $210 at Argus
DDOG Datadog
$69.09 /

+3.87 (+5.93%)

05/13/20 Barclays
Dynatrace price target raised to $38 from $28 at Barclays
05/12/20 JPMorgan
Datadog price target raised to $65 from $60 at JPMorgan
05/12/20 Needham
Datadog price target raised to $70 from $58 at Needham
05/12/20 Barclays
Datadog price target raised to $70 from $42 at Barclays
PLAN Anaplan
$42.60 /

+1.42 (+3.45%)

04/21/20
Fly Intel: Top five analyst initiations
04/21/20 Deutsche Bank
Anaplan initiated with a Buy at Deutsche Bank
04/16/20 Rosenblatt
Anaplan downgraded to Neutral from Buy at Rosenblatt
04/13/20 Needham
Needham cuts price targets across SaaS/Application Software names
EDU New Oriental Education
$117.80 /

-2.12 (-1.77%)

04/22/20 CLSA
New Oriental Education upgraded to Buy from Outperform at CLSA
04/22/20 CLSA
New Oriental Education upgraded to Buy from Outperform at CLSA
04/22/20 Citi
New Oriental Education negatives mostly priced in, says Citi
04/07/20 Goldman Sachs
New Oriental Education upgraded to Conviction Buy from Buy at Goldman Sachs
APO Apollo Global
$40.32 /

-0.46 (-1.13%)

05/14/20 BMO Capital
Apollo Global downgraded to Market Perform on valuation at BMO Capital
05/14/20 BMO Capital
Apollo Global downgraded to Market Perform from Outperform at BMO Capital
05/04/20
Macerich fits model for Apollo Global investment, Dealreporter says
05/04/20 Wells Fargo
Apollo Global price target lowered to $44 from $50 at Wells Fargo
TDG TransDigm
$328.00 /

-2.38 (-0.72%)

05/06/20 Canaccord
TransDigm price target lowered to $500 from $600 at Canaccord
05/06/20 Credit Suisse
TransDigm price target lowered to $380 from $439 at Credit Suisse
03/30/20 Vertical Research
TransDigm downgraded to Hold from Buy at Vertical Research
03/19/20 Cowen
TransDigm price target lowered to $320 from $655 at Cowen
UBER Uber
$32.80 /

+0.01 (+0.03%)

05/15/20 Wedbush
Uber's potential GrubHub deal an offensive and defensive move, says Wedbush
05/15/20 Citi
Citi boosts Uber target to $41, Lyft target to $50
05/13/20 KeyBanc
KeyBanc says NYC regulatory risk should be considered by food delivery investors
05/13/20 DA Davidson
GrubHub may hold off for better price than Uber offers, DA Davidson says
FLT FleetCor
$223.90 /

+3.51 (+1.59%)

05/11/20 SunTrust
FleetCor price target raised to $290 from $220 at SunTrust
05/08/20 BTIG
FleetCor price target lowered to $290 from $340 at BTIG
05/08/20 Cowen
FleetCor price target raised to $258 from $240 at Cowen
04/08/20 Wells Fargo
FleetCor price target lowered to $250 from $350 at Wells Fargo
SPOT Spotify
$157.59 /

+5.55 (+3.65%)

04/30/20 JPMorgan
Spotify price target raised to $185 from $155 at JPMorgan
04/30/20 Rosenblatt
Spotify price target raised to $190 from $184 at Rosenblatt
04/06/20
Fly Intel: Top five analyst downgrades
04/06/20 Raymond James
Spotify double downgraded to Market Perform at Raymond James
GOOGL Alphabet Class A
$1,370.88 /

+13.51 (+1.00%)

05/12/20 Citi
Alphabet price target raised to $1,600 from $1,400 at Citi
05/07/20 Credit Suisse
YouTube TV deal 'the big news' from ViacomCBS report, says Credit Suisse
05/07/20 Bernstein
Google payments to Apple big, predicated on advertising, says Bernstein
05/05/20 Deutsche Bank
Alphabet price target raised to $1,700 from $1.625 at Deutsche Bank
JD JD.com
$50.02 /

+1.05 (+2.14%)

05/13/20
Fly Intel: Top five analyst upgrades
05/13/20 Mizuho
JD.com upgraded to Buy from Neutral at Mizuho
04/14/20 Morgan Stanley
JD.com upgraded to Overweight from Equal Weight at Morgan Stanley
03/17/20 Bernstein
JD.com upgraded to Outperform from Market Perform at Bernstein
MSFT Microsoft
$181.35 /

+0.85 (+0.47%)

05/15/20 Morgan Stanley
Security another large market opportunity for Microsoft, says Morgan Stanley
05/06/20 Craig-Hallum
MicroVision rise driven by Microsoft speculation, says Craig-Hallum
04/30/20 Credit Suisse
Microsoft price target raised to $195 from $190 at Credit Suisse
04/30/20 Morgan Stanley
Microsoft price target raised to $198 from $180 at Morgan Stanley
FB Facebook
$209.65 /

+2.92 (+1.41%)

05/15/20 Loop Capital
Facebook price target raised to $265 from $215 at Loop Capital
05/04/20 Argus
Facebook price target raised to $240 from $220 at Argus
05/01/20 BMO Capital
Facebook price target raised to $220 from $190 at BMO Capital
04/30/20
Fly Intel: Top five analyst upgrades
AMZN Amazon.com
$2,391.42 /

+2.15 (+0.09%)

05/14/20 KeyBanc
Farfetch, Nordstrom, Revolve could be impacted by Amazon offering, says KeyBanc
05/12/20 Barrington
Amazon interest in AMC 'not outside the realm of possibility,' says Barrington
05/11/20 B. Riley FBR
Amazon buyout may not appeal to AMC shareholders, says B. Riley FBR
05/07/20 Piper Sandler
Fastly price target raised to $31 from $27 at Piper Sandler
WORK Slack Technologies
$31.94 /

+0.27 (+0.85%)

WDAY Workday
$154.77 /

-0.44 (-0.28%)

UBER Uber
$32.80 /

+0.01 (+0.03%)

TDG TransDigm
$328.00 /

-2.38 (-0.72%)

SPOT Spotify
$157.59 /

+5.55 (+3.65%)

RNG RingCentral
$286.97 /

+15.65 (+5.77%)

PTON Peloton
$49.15 /

+4.02 (+8.91%)

PLAN Anaplan
$42.60 /

+1.42 (+3.45%)

MSFT Microsoft
$181.35 /

+0.85 (+0.47%)

JD JD.com
$50.02 /

+1.05 (+2.14%)

GOOGL Alphabet Class A
$1,370.88 /

+13.51 (+1.00%)

FLT FleetCor
$223.90 /

+3.51 (+1.59%)

FB Facebook
$209.65 /

+2.92 (+1.41%)

EDU New Oriental Education
$117.80 /

-2.12 (-1.77%)

DDOG Datadog
$69.09 /

+3.87 (+5.93%)

BABA Alibaba
$201.87 /

+0.63 (+0.31%)

ATH Athene Holding
$24.28 /

-0.2 (-0.82%)

APO Apollo Global
$40.32 /

-0.46 (-1.13%)

AMZN Amazon.com
$2,391.42 /

+2.15 (+0.09%)

WORK Slack Technologies
$31.94 /

+0.27 (+0.85%)

UBER Uber
$32.80 /

+0.01 (+0.03%)

SPOT Spotify
$157.59 /

+5.55 (+3.65%)

RNG RingCentral
$286.97 /

+15.65 (+5.77%)

PTON Peloton
$49.15 /

+4.02 (+8.91%)

MSFT Microsoft
$181.35 /

+0.85 (+0.47%)

JD JD.com
$50.02 /

+1.05 (+2.14%)

GOOGL Alphabet Class A
$1,370.88 /

+13.51 (+1.00%)

FLT FleetCor
$223.90 /

+3.51 (+1.59%)

FB Facebook
$209.65 /

+2.92 (+1.41%)

DDOG Datadog
$69.09 /

+3.87 (+5.93%)

BABA Alibaba
$201.87 /

+0.63 (+0.31%)

APO Apollo Global
$40.32 /

-0.46 (-1.13%)

AMZN Amazon.com
$2,391.42 /

+2.15 (+0.09%)

WORK Slack Technologies
$31.94 /

+0.27 (+0.85%)

WDAY Workday
$154.77 /

-0.44 (-0.28%)

UBER Uber
$32.80 /

+0.01 (+0.03%)

TDG TransDigm
$328.00 /

-2.38 (-0.72%)

SPOT Spotify
$157.59 /

+5.55 (+3.65%)

RNG RingCentral
$286.97 /

+15.65 (+5.77%)

PTON Peloton
$49.15 /

+4.02 (+8.91%)

PLAN Anaplan
$42.60 /

+1.42 (+3.45%)

MSFT Microsoft
$181.35 /

+0.85 (+0.47%)

JD JD.com
$50.02 /

+1.05 (+2.14%)

GOOGL Alphabet Class A
$1,370.88 /

+13.51 (+1.00%)

FLT FleetCor
$223.90 /

+3.51 (+1.59%)

FB Facebook
$209.65 /

+2.92 (+1.41%)

DNK Phoenix Tree
$6.60 /

+ (+0.00%)

DDOG Datadog
$69.09 /

+3.87 (+5.93%)

BABA Alibaba
$201.87 /

+0.63 (+0.31%)

APO Apollo Global
$40.32 /

-0.46 (-1.13%)

AMZN Amazon.com
$2,391.42 /

+2.15 (+0.09%)

WORK Slack Technologies
$31.94 /

+0.27 (+0.85%)

WDAY Workday
$154.77 /

-0.44 (-0.28%)

VXX iPath S&P 500 VIX Short-Term Futures
$37.59 /

+ (+0.00%)

UBER Uber
$32.80 /

+0.01 (+0.03%)

TDG TransDigm
$328.00 /

-2.38 (-0.72%)

SPOT Spotify
$157.59 /

+5.55 (+3.65%)

RNG RingCentral
$286.97 /

+15.65 (+5.77%)

PTON Peloton
$49.15 /

+4.02 (+8.91%)

PLAN Anaplan
$42.60 /

+1.42 (+3.45%)

MSFT Microsoft
$181.35 /

+0.85 (+0.47%)

JD JD.com
$50.02 /

+1.05 (+2.14%)

GOOGL Alphabet Class A
$1,370.88 /

+13.51 (+1.00%)

FLT FleetCor
$223.90 /

+3.51 (+1.59%)

FB Facebook
$209.65 /

+2.92 (+1.41%)

EDU New Oriental Education
$117.80 /

-2.12 (-1.77%)

DDOG Datadog
$69.09 /

+3.87 (+5.93%)

BABA Alibaba
$201.87 /

+0.63 (+0.31%)

APO Apollo Global
$40.32 /

-0.46 (-1.13%)

AMZN Amazon.com
$2,391.42 /

+2.15 (+0.09%)

MSFT Microsoft
$181.35 /

+0.85 (+0.47%)

GOOGL Alphabet Class A
$1,370.88 /

+13.51 (+1.00%)

AMZN Amazon.com
$2,391.42 /

+2.15 (+0.09%)

Over a month ago
Upgrade
New Oriental Education upgraded to Buy from Outperform at CLSA » 10:30
04/22/20
04/22
10:30
04/22/20
10:30
EDU

New Oriental Education

$118.85 /

+5.72 (+5.06%)

CLSA analyst Youngrin Kim…

CLSA analyst Youngrin Kim upgraded New Oriental Education to Buy from Outperform with a price target of $142, down from $148. The company reported "decent" Q3 earnings but gave lower 4Q guidance, noted the analyst. Aside from its overseas test prep segment, its other businesses, including the K-12 segment, continues to grow "adequately" and the company is well prepared for the upcoming summer break, Kim tells investors.

ShowHide Related Items >><<
EDU New Oriental Education
$118.85 /

+5.72 (+5.06%)

04/22/20 CLSA
New Oriental Education upgraded to Buy from Outperform at CLSA
04/22/20 Citi
New Oriental Education negatives mostly priced in, says Citi
Upgrade
New Oriental Education upgraded to Buy from Outperform at CLSA » 09:32
04/22/20
04/22
09:32
04/22/20
09:32
EDU

New Oriental Education

$113.13 /

+3.62 (+3.31%)

CLSA analyst Youngrin Kim…

CLSA analyst Youngrin Kim upgraded New Oriental Education to Buy from Outperform.

ShowHide Related Items >><<
EDU New Oriental Education
$113.13 /

+3.62 (+3.31%)

04/22/20 Citi
New Oriental Education negatives mostly priced in, says Citi
04/07/20 Goldman Sachs
New Oriental Education upgraded to Conviction Buy from Buy at Goldman Sachs
03/02/20 BofA
TAL Education upgraded to Buy from Neutral at BofA
02/28/20 Deutsche Bank
New Oriental Education initiated with a Buy at Deutsche Bank
Recommendations
New Oriental Education negatives mostly priced in, says Citi » 06:33
04/22/20
04/22
06:33
04/22/20
06:33
EDU

New Oriental Education

$113.13 /

+3.62 (+3.31%)

Citi analyst Mark Li…

Citi analyst Mark Li lowered the firm's price target on New Oriental Education to $140 from $145 and keeps a Buy rating on the shares. The analyst reduced estimates to reflect greater headwinds in fiscal Q4 but believes the negatives are mostly priced in. Li highlights New Oriental's "undemanding valuation near its historical mean." However, the company could see a "weak" fiscal Q4, mainly on overseas test prep pressure, given suspension of international tests amid COVID-19, overseas school campus lock-downs and concerns on China-U.S. tensions, Li tells investors in a research note.

ShowHide Related Items >><<
EDU New Oriental Education
$113.13 /

+3.62 (+3.31%)

04/07/20 Goldman Sachs
New Oriental Education upgraded to Conviction Buy from Buy at Goldman Sachs
03/02/20 BofA
TAL Education upgraded to Buy from Neutral at BofA
02/28/20 Deutsche Bank
New Oriental Education initiated with a Buy at Deutsche Bank
01/22/20 Nomura Instinet
New Oriental Education price target raised to $158 from $135 at Nomura Instinet
Earnings
New Oriental Education sees Q4 revenue $774M-$806M, consensus $923.69M » 06:51
04/21/20
04/21
06:51
04/21/20
06:51
EDU

New Oriental Education

$109.51 /

-2.94 (-2.61%)

The company said,…

The company said, "We expect the impact on our business from the outbreak of COVID-19 pandemics around the globe will continue during our fourth fiscal quarter, especially on overseas related businesses including test preparation and consulting business. The exchange rate used to calculate expected revenues for the fourth quarter of fiscal year 2020 is 7.07. The historical exchange rate used to calculate revenues for the fourth quarter of fiscal year 2019 was 6.76."

ShowHide Related Items >><<
EDU New Oriental Education
$109.51 /

-2.94 (-2.61%)

04/07/20 Goldman Sachs
New Oriental Education upgraded to Conviction Buy from Buy at Goldman Sachs
03/02/20 BofA
TAL Education upgraded to Buy from Neutral at BofA
02/28/20 Deutsche Bank
New Oriental Education initiated with a Buy at Deutsche Bank
01/22/20 Nomura Instinet
New Oriental Education price target raised to $158 from $135 at Nomura Instinet
Earnings
New Oriental Education reports Q3 EPS 93c, consensus 79c » 06:49
04/21/20
04/21
06:49
04/21/20
06:49
EDU

New Oriental Education

$109.51 /

-2.94 (-2.61%)

Reports Q3 revenue…

Reports Q3 revenue $923.22M, consensus $918.65M. Reports Q3 enrollments up 2.3%. Michael Yu, New Oriental's executive chairman, commented, "Despite the challenges posed by the outbreak of COVID-19 in China, we recorded a top line growth of 15.9%, or 18.7% if measured in Renminbi for the third quarter of fiscal year 2020. The K-12 after-school tutoring business recorded a year-over-year revenue growth of approximately 24%, or 27% if measured in Renminbi. Furthermore, our U-Can middle and high school all-subjects after-school tutoring business grew by approximately 23%, or 26% if measured in Renminbi, while our POP Kids program achieved a growth of approximately 26%, or 29% if measured in Renminbi. From the end of January, we stopped the operation of all learning centers nationwide and effectively moved our offline classes to small size online live broadcasting classes through the self-developed OMO (online merging offline) system, which has played a fundamental role in cushioning the impact on our service and operation. We estimate that the COVID-19 pandemic negatively impacted our top line growth by 8% to 10% for this quarter, as we experienced higher-than-normal refund rates from cancellations and deferments in enrollments for the winter classes from registered students in February. Due to the recent outbreak of COVID-19 pandemics around the globe, we expect the impact on our business as well as the entire education industry in China will last over the coming one to two quarters, especially on overseas related businesses including test preparation and consulting business, which have been unavoidably affected by cancellation of overseas exams, suspension of overseas schools and restrictions on travels. That said, on the other hand, we are also seeing an effective control of the pandemic in China and are pleased to hear the announcement of public school resumption plans which have shed a positive light on our business domestically."

ShowHide Related Items >><<
EDU New Oriental Education
$109.51 /

-2.94 (-2.61%)

04/07/20 Goldman Sachs
New Oriental Education upgraded to Conviction Buy from Buy at Goldman Sachs
03/02/20 BofA
TAL Education upgraded to Buy from Neutral at BofA
02/28/20 Deutsche Bank
New Oriental Education initiated with a Buy at Deutsche Bank
01/22/20 Nomura Instinet
New Oriental Education price target raised to $158 from $135 at Nomura Instinet
Options
New Oriental Education put volume heavy and directionally bearish » 10:15
04/20/20
04/20
10:15
04/20/20
10:15
EDU

New Oriental Education

$110.00 /

-2.45 (-2.18%)

Bearish flow noted in New…

Bearish flow noted in New Oriental Education with 2,395 puts trading, or 20x expected. Most active are May-20 115 puts and May-20 95 puts, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 8.37, while ATM IV is up nearly 7 points on the day. Earnings are expected on April 21st.

ShowHide Related Items >><<
EDU New Oriental Education
$110.00 /

-2.45 (-2.18%)

04/07/20 Goldman Sachs
New Oriental Education upgraded to Conviction Buy from Buy at Goldman Sachs
03/02/20 BofA
TAL Education upgraded to Buy from Neutral at BofA
02/28/20 Deutsche Bank
New Oriental Education initiated with a Buy at Deutsche Bank
01/22/20 Nomura Instinet
New Oriental Education price target raised to $158 from $135 at Nomura Instinet
Upgrade
New Oriental Education upgraded to Conviction Buy from Buy at Goldman Sachs » 11:47
04/07/20
04/07
11:47
04/07/20
11:47
EDU

New Oriental Education

$113.40 /

+2.51 (+2.26%)

Goldman Sachs analyst…

Goldman Sachs analyst Christine Cho maintains a Buy rating on New Oriental Education with an unchanged price target of $152 and added the stock to the firm's AEJ Conviction List. The stock has dropped 22% since the peak in February and while Cho recognizes that near-term headwinds may impact its earnings in the next several quarters, she believes New Oriental's long-term value proposition as a leading consolidator in China "remains well-intact."

ShowHide Related Items >><<
EDU New Oriental Education
$113.40 /

+2.51 (+2.26%)

03/02/20 BofA
TAL Education upgraded to Buy from Neutral at BofA
02/28/20 Deutsche Bank
New Oriental Education initiated with a Buy at Deutsche Bank
01/22/20 Nomura Instinet
New Oriental Education price target raised to $158 from $135 at Nomura Instinet
01/21/20 CLSA
New Oriental Education downgraded to Outperform from Buy at CLSA
Upgrade
TAL Education upgraded to Buy from Neutral at BofA » 08:28
03/02/20
03/02
08:28
03/02/20
08:28
TAL

TAL Education

$54.44 /

-0.58 (-1.05%)

, EDU

New Oriental Education

$128.27 /

-4.43 (-3.34%)

BofA analyst Lucy Yu…

BofA analyst Lucy Yu upgraded TAL Education (TAL) to Buy from Neutral with a $65.80 price target. Yu is turning more positive on Chinese education leaders TAL and New Oriental Education (EDU) given their consolidation opportunities and accelerating online penetration with a surging user base, she tells investors. She also believes the below-guidance revenue trends are well expected by the Street and that long-term structural growth could be "even more robust" when COVID-19 has passed.

ShowHide Related Items >><<
TAL TAL Education
$54.44 /

-0.58 (-1.05%)

02/28/20 Deutsche Bank
TAL Education initiated with a Buy at Deutsche Bank
01/22/20 Benchmark
TAL Education price target raised to $57 from $47 at Benchmark
01/21/20 CLSA
TAL Education downgraded to Outperform from Buy at CLSA
01/16/20 TH Data Capital
New Oriental Education price target raised to $160 from $130 at TH Data Capital
EDU New Oriental Education
$128.27 /

-4.43 (-3.34%)

02/28/20 Deutsche Bank
New Oriental Education initiated with a Buy at Deutsche Bank
01/22/20 Nomura Instinet
New Oriental Education price target raised to $158 from $135 at Nomura Instinet
01/21/20 CLSA
New Oriental Education downgraded to Outperform from Buy at CLSA
Earnings
New Oriental Education cuts Q3 revenue view to $902.1M-$933.2M » 17:05
02/28/20
02/28
17:05
02/28/20
17:05
EDU

New Oriental Education

$128.27 /

-4.43 (-3.34%)

Q3 consensus $998.56M.…

Q3 consensus $998.56M. The company previously announced its outlook which estimated the total net revenues for the third quarter to be in the range of $983M-$1.006B, representing year-over-year growth in the range of 23%-26%. The weaker-than-expected revenues are mainly due to the impact of the outbreak of coronavirus in China, which was significantly offset by measures taken by the company to effectively move its offline classes to small size online live broadcasting classes through the self-developed OMO system during the quarter.

ShowHide Related Items >><<
EDU New Oriental Education
$128.27 /

-4.43 (-3.34%)

02/28/20 Deutsche Bank
New Oriental Education initiated with a Buy at Deutsche Bank
01/22/20 Nomura Instinet
New Oriental Education price target raised to $158 from $135 at Nomura Instinet
01/21/20 CLSA
New Oriental Education downgraded to Outperform from Buy at CLSA
01/16/20 TH Data Capital
New Oriental Education price target raised to $160 from $130 at TH Data Capital

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.