New Oriental Announces Results for the Third Fiscal Quarter Ended February 29, 2024

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New Oriental Education (EDU) PT Raised to $127 at Citi

April 25, 2024 6:23 AM EDT

Citi analyst Michelle Fang raised the price target on New Oriental Education (NYSE: EDU) to $127.00 (from $66.00) while maintaining a Buy rating.

The analyst comments "EDU's 3QFY24 revenues leaped 60.1% YoY, propelled by the K-9 segment, while maintaining flattish non-GAAP EBIT margins at... More