BNP Initiates New Oriental Education With Buy

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Analysts at BNP initiated coverage on
New Oriental Education & Technology Group Inc.EDU
with a Buy rating. The target price for New Oriental Education is set to $25. New Oriental Education shares have dropped 29.85% over the past 52 weeks, while the S&P 500 index has surged 13.51% in the same period. New Oriental Education's shares fell 1.56% to close at $19.53 yesterday.
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