Goldman Sachs Maintains Bullish View on TAL Education (XRS), Sees 70% Upside

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Goldman Sachs reiterated their Buy rating and $15 price target on TAL Education Group American De (NYSE: XRS), suggesting 70% upside.

The firm cited the following: 1. Slowing network expansion; 2. Sharpening focus on small-class format; 3. Cash distribution to shareholders. On October 23, XRS declared a
special dividend of US$0.50 per ADS

For an analyst ratings summary and ratings history on TAL Education Group American De click here. For more ratings news on TAL Education Group American De click here.

Shares of TAL Education Group American De closed at $8.72 yesterday, with a 52 week range of $6.97-$12.00.

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