Tarena Int'l (TEDU) Reports Q3 EPS of RMB2.04

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Jefferies Downgrades Tarena International (TEDU) to Hold

November 22, 2017 4:49 AM EST

Jefferies downgraded Tarena International (NASDAQ: TEDU) from Buy to Hold with a price target of $14.75 (from $21.50).

Analyst Johnny Kin Man Wong believes management's aggressive learning center roll-out efforts will drive lagging recovery in margins and therefore steps to the sidelines until visibility on... More