Citigroup Maintains Buy on New Oriental Education, Lowers Price Target to $106
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Michelle Fang maintains a Buy rating on New Oriental Education (NYSE:EDU) but lowers the price target from $127 to $106.

August 02, 2024 | 4:22 pm
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Citigroup analyst Michelle Fang maintains a Buy rating on New Oriental Education (NYSE:EDU) but lowers the price target from $127 to $106.
The maintained Buy rating suggests continued confidence in the stock, but the lowered price target indicates a more cautious outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100