Citigroup Maintains Buy on New Oriental Education, Raises Price Target to $127
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Michelle Fang maintains a Buy rating on New Oriental Education (NYSE:EDU) and raises the price target from $66 to $127.
April 25, 2024 | 10:46 pm
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Citigroup analyst Michelle Fang reaffirms a Buy rating on New Oriental Education and increases the price target to $127.
The upgrade in the price target by a significant margin from $66 to $127 by Citigroup, coupled with the maintenance of a Buy rating, signals strong confidence in New Oriental Education's future performance. This is likely to positively influence investor sentiment and could lead to an increase in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100