Correction - Nomura Securities Reiterates a 'Buy' on TAL International (TAL); Expect Continued Outperformance

Correction - Nomura Securities reiterates a 'Buy' on TAL International (NYSE: TAL) price target of $43.00.

Analyst, Bill Carcache, said, "TAL shares are up ~47% over the past two months versus ~11% for the S&P 500 over the same period. We expect continued outperformance as we look ahead, and are raising our estimates on a better-than-previously expected outlook for 2012. We believe the ability to invest for growth while simultaneously returning capital to shareholders are hallmarks of a great business. We are encouraged to see the company continue to invest in growing the business, while also raising its dividend nearly 6% to $0.55 for 1Q12. Our 2012 /2013 EPS estimates go to $4.11 / $4.25 from $3.95 / $4.04, respectively."

For an analyst ratings summary and ratings history on TAL International click here. For more ratings news on TAL International click here.

Shares of TAL International closed at $38.30 yesterday.

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