Oppenheimer Names New Oriental Education in December's Top Ideas


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A report from Oppenheimer reiterates its Outperform rating on New Oriental Education (NYSE: EDU).The report states, “We are confident in EDU's leading market position and continue to be attracted to its growth strategy in China's large and fragmented education market. With its top-notch brand name, extensive course offerings, solid pricing power and experienced management team, we believe EDU will continue gaining share through its network expansion and delivering sustainable top/bottom line growth in the coming years.”EDU closed Friday at $23.46.

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Posted In: Analyst ColorAnalyst RatingsDecember Top IdeasOppenheimer