Morgan Stanley Initiates Coverage On New Oriental Education with Overweight Rating, Announces Price Target of $81
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Eddy Wang has initiated coverage on New Oriental Education (NYSE:EDU) with an Overweight rating and a price target of $81.
November 07, 2023 | 9:39 am
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Morgan Stanley has initiated coverage on New Oriental Education with an Overweight rating and a price target of $81.
The Overweight rating from Morgan Stanley indicates a positive outlook for New Oriental Education. The price target of $81 suggests that the analyst believes the stock has significant upside potential. This could lead to increased investor interest and a potential increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100