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GSX

GSX Techedu

$60.01 /

+1.725 (+2.96%)

, TAL

TAL Education

$68.46 /

+0.97 (+1.44%)

16:29
06/30/20
06/30
16:29
06/30/20
16:29

Short seller target GSX downgraded at Goldman on outperformance

Shares of GSX Techedu are dropping after Goldman Sachs downgraded the shares to Neutral from Buy in a post-close research note. Despite raising the stock's price target to $57 from $50, analyst Christine Cho downgraded GSX Techedu on the stock's recent outperformance. Cho now sees better opportunities elsewhere in the China Education, and has Buy ratings on TAL Education (TAL), New Oriental Education (EDU) and China Education Group (COE). Cho did not mention the fraud allegations levied by well-known short sellers against GSX when downgrading the shares. Carson Block's Muddy Waters and Andrew Left's Citron Research are among the funds accusing GSX of fraud.

GSX

GSX Techedu

$60.01 /

+1.725 (+2.96%)

TAL

TAL Education

$68.46 /

+0.97 (+1.44%)

EDU

New Oriental Education

$130.32 /

-0.935 (-0.71%)

COE

China Online Education

$25.79 /

+1.945 (+8.16%)

  • 21

    Nov

  • 04

    Jun

GSX GSX Techedu
$60.01 /

+1.725 (+2.96%)

06/30/20 Goldman Sachs
GSX Techedu downgraded to Neutral following outperformance at Goldman Sachs
06/30/20 Goldman Sachs
GSX Techedu downgraded to Neutral from Buy at Goldman Sachs
05/11/20 Barclays
GSX Techedu offered comprehensive rebuttal to short sellers, says Barclays
05/11/20 Nomura Instinet
GSX Techedu price target raised to $40 from $35 at Nomura Instinet
TAL TAL Education
$68.46 /

+0.97 (+1.44%)

06/30/20 Goldman Sachs
TAL Education price target raised to $75 from $64 at Goldman Sachs
04/13/20 CLSA
TAL Education downgraded to Sell from Outperform at CLSA
04/08/20 GLJ Research
JinkoSolar price target lowered to $6.88 from $7.97 at GLJ Research
03/23/20 DBS Bank
TAL Education upgraded to Buy from Hold at DBS Holding
EDU New Oriental Education
$130.32 /

-0.935 (-0.71%)

06/30/20 Goldman Sachs
New Oriental Education price target raised to $149 from $145 at Goldman Sachs
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
COE China Online Education
$25.79 /

+1.945 (+8.16%)

03/10/20 Needham
China Online Education initiated with a Buy at Needham
03/10/20 Needham
China Online Education initiated with a Buy at Needham
01/10/20 Benchmark
China Online Education initiated with a Buy at Benchmark

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