New Oriental Education (EDU) Misses Q1 EPS by 12c ; Offers Guidance

Go back to New Oriental Education (EDU) Misses Q1 EPS by 12c ; Offers Guidance

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