New Oriental Education (EDU) Tops Q3 EPS by 6c
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Brean Capital Raises Price Target on New Oriental Education (EDU) Following Strong 3Q
April 20, 2016 9:38 AM EDTBrean Capital reiterated a Buy rating on New Oriental Education (NYSE: EDU), and raised the price target to $49.00 (from $41.00), following the company's 3Q earnings report. EDU reported F3Q16 revenue of $346.9 million, ahead of consensus estimate of $336.0 million. Revenue was driven by continued acceleration in overall enrollments. Non-GAAP EPS was $0.34, beating Streets estimate of $0.32 by two... More
