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UPDATE: Jefferies & Company Reiterates Hold Rating, Lowers PT on TAL International Group

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In a report published Friday, Jefferies & Company reiterated its Hold rating on TAL International Group (NYSE: TAL), but lowered its price target from $37.00 to $35.00.

Jefferies noted, “Despite an attractive yield and cheap valuation, we reiterate our Hold rating due uncertainty regarding global trade growth, declining utilization, and moderating container prices.”

TAL International Group closed on Thursday at $33.03.

Latest Ratings for TAL

DateFirmActionFromTo
Jan 2018Deutsche BankInitiates Coverage OnBuy
Sep 2017Bank of AmericaMaintainsBuy
Aug 2017JefferiesMaintainsBuy

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Posted-In: Jefferies & CompanyAnalyst Color Price Target Analyst Ratings

 

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