Jefferies Raises Numbers on TAL International (TAL) Following Solid Q4 Results

Jefferies raised estimates and its price target on TAL International (NYSE: TAL) from $33 to $36 following Q4 results

The firm comments, "TAL reported adjusted net income per share of $1.02, which was $0.04 ahead of both our estimate as well as the Street. Leasing revenues grew 2.6% Q/Q from $121M in 3Q11 to $124M in 4Q11 and utilization declined from 98.4% to 97.9% Q/Q."

Jefferies raised Q1 EPS from $0.93 to $0.95 and FY12 from $3.64 to $3.92.

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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