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Express News | East Buy anchor Mingming apologizes for controversy over the use of 'Shanhe Poshui': casually used, unable to correct in time.
BofA Securities Maintains New Oriental(EDU.US) With Buy Rating, Maintains Target Price $111.2
BofA Securities analyst Lucy Yu maintains $New Oriental(EDU.US)$ with a buy rating, and maintains the target price at $111.2.According to TipRanks data, the analyst has a success rate of 50.0% and a t
Jefferies slightly lowers New Oriental Education's (EDU.US) target price to $107.7 and rates it as "buy".
Jefferies slightly lowers New Oriental Education's (EDU.US) target price to $107.7 and rates it as "buy".
US stocks are abnormal, with New Oriental up 2% in pre-market trading and bullish forecasts from institutions.
On June 26, Gelunhui | New Oriental (EDU.US) rose 2.03% before the market and reported $78. Daiwa issued a report stating that it raised New Oriental's revenue forecast for the fiscal year 2025 to 2026 by 3% to 4% to reflect higher assumed transactions of commodities from East Buy. Daiwa expects New Oriental's fourth-quarter revenue in fiscal year 2024 to increase by 32.5% year-on-year to US$1.14 billion, with expected growth relative to the company's guidance of 28% to 31%. The operating profit forecasted by non-US GAAP for operating profit is $69 million, and net profit is forecasted to be $74 million. The bank's forecast is basically consistent with the market expectations.
Daiwa has reiterated its "buy" rating on New Oriental-S (09901) with a target price of HK$78.
Daiwa has raised its revenue forecast for New Oriental-S (09901) for FY2025 to FY2026 by 3% to 4%.
Hong Kong stock market changes | New Oriental-S (09901) rose more than 6%. Offline teaching points may accelerate expansion and summer enrollment growth is expected to maintain a relatively fast pace.
New Oriental-S (09901) rose more than 6%, as of press time, up 6.3%, at HKD 59.9, with a turnover of HKD 92.8219 million.