Glonghui, January 19, 丨 New Oriental (EDU.US) rose 3.5% before the market to $42.19. According to the Macquarie Research Report, New Oriental's new business achieved a profit margin of more than 10% in terms of the size of the learning center. Revenue in the first half of the year increased 262.7% year-on-year to 2.1 billion yuan; net profit recorded 585.3 million yuan. The bank maintained the group's US stock “outperform the market” rating and raised its target price from $38.3 to $51.
美股异动 | 获投行看好 新东方(EDU.US)盘前涨3.5%
Changes in US stocks | Investors are optimistic that New Oriental (EDU.US) rose 3.5% before the market
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