Goldman Sachs Starts TAL Education Group (XRS) at Buy

Goldman Sachs initiates coverage on TAL Education Group (NYSE: XRS) with a Buy. PT $15.00.

The firm said the company is well placed in the small-class segment and has a strong, underpenetrated learning center network. The firm said reasons to buy are: "1)
Large untapped market opportunity. TAL’s 14-city footprint is far below peers' 50-60, and we believe it has proven the scalability of its business model. 2) A focus on class-based tutoring (74% revenue contribution), a high-margin, easily affordable course format that caters to mass market demand."

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 $9.99 yesterday.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Needham Starts Faeth Therapeutics (FTH) at Buy
• BofA Securities Starts Mobility Global (MBGL) at Neutral
• Keefe, Bruyette & Woods Resumes Royal Bank of Canada (RY:CN) (RY) at Market Perform