Jefferies Downgrades New Oriental Education (EDU) to Hold

Macquarie Downgrades New Oriental Education (EDU) to Neutral

Macquarie downgraded New Oriental Education (NYSE: EDU) from Outperform to Neutral with a price target of $22.00 (from $36.50).

For an analyst ratings summary and ratings history on New Oriental Education click here. For more ratings news on New Oriental Education click here.

Shares of New Oriental Education closed at $20.53 yesterday.

Oppenheimer Downgrades New Oriental Education (EDU) to Perform

Oppenheimer downgraded New Oriental Education (NYSE: EDU) from Outperform to Perform and removed its price target (prior $32.00).

For an analyst ratings summary and ratings history on New Oriental Education click here. For more ratings news on New Oriental Education click here.

Shares of New Oriental Education closed at $21.01 yesterday.

New Oriental Education (EDU) Price Target Reduced to $24 at Goldman Sachs

Goldman Sachs maintained a Neutral rating on New Oriental Education (NYSE: EDU) and reduced its price target to $24.00 (from $26.00). Analyst Fei Fang discussed Q4 results and guidance.

"EDU added 3 learning centers in 4Q, and expanded 10 existing ones by adding 9.3k meter2 classroom areas.... More

New Oriental Education (EDU) Tops Q4 EPS by 6c; Approves $120M Buyback

New Oriental Education & Technology (NYSE: EDU) reported Q4 EPS of $0.30, $0.06 better than the analyst estimate of $0.24. Revenue for the quarter came in at $287.5 million versus the consensus estimate of $281.58 million.

On July 22, 2014, New Oriental's board of directors authorized the repurchase of up to US$120 million of the Company's shares during the period from July 28, 2014, through March 31, 2015.

This share repurchase program authorizes the Company to purchase its ADSs or common shares from time to time on the open market at prevailing market prices, in negotiated transactions off the market, in... More